26 March 2014 | 2 replies
Based on the new Dodd Frank rules effective January 10th, a sale is defined as a "Flip Transaction" is the new price is at least 10% higher than the previous sales price and deed has transferred within the last 90 days, OR if the new price is at least 20% higher and the deed has transferred within 91-180 days.
16 January 2014 | 9 replies
I am talking B to C neighborhoods, working class.We find deals weekly with much higher returns, but we choose not to invest in those areas.Hope this helps!
3 February 2014 | 30 replies
The nicer the area the higher the rents and better the tenant base tends to be on average but higher prices and entry points also.
21 January 2014 | 17 replies
The rates/ down payment will be higher for the investment , as teh banks see more risk there .
14 January 2014 | 5 replies
Terms on the seller financing need to be exceptional, even considering the loan costs you'd save, if the price is just fudged higher, like 3%. seller financing doesn't add value to a property and you may need to refinance it, so look to market value, less being better.
17 January 2014 | 29 replies
My offer of $133k was accepted, which is higher than my other rentals but this home needs no repairs. 1960's ranch. 4 beds, 2 baths, hardwood floors, new windows, newer kitchen, 2 car garage, newer furnace, newer baths.
17 January 2014 | 8 replies
ALSO - maybe the landlord pays all utilities, which puts the rents artificially higher than market (are the rents at typical market?)
15 January 2014 | 7 replies
Will you be able to get Higher rents and possible force appreciation?
17 January 2014 | 26 replies
She may be holding them to sell to investors or retail buyers, with the pitch of "This house isn't on the market yet, but..." to draw a higher price and this agent would get both sides of the transaction, buyer and seller.You haven't mentioned how long she has owned the houses, years?
15 January 2014 | 18 replies
In some place the rental yields are lower/higher than in other places.