Alex Nguyen
Is maintenance and repair costs proportional to RE cost?
I'm looking into different markets for a buy and hold strategy. One thing I wonder is if the cost of maintenance in different areas is proportional to the cost of real estate. For example, if the houses are cheaper in...
Matt Stricklen
60K gap between average buyer and median home price.
"SmartAsset reports that the average Austin household can afford a home priced at $317,000.
However, the median home value in the area, ... is $378,300"Where do we go from here?faster rent growth?bubble bursting ? ( ...
Jessica Miller
Please help analyzing this deal (18-unit apartment complex)
Basics of the deal:Asking $750,000 with seller to owner finance with $25,000 depositGross income - $111,000Taxes - will be 3.7% of actual sales priceInsurance - $7,000Utilities are $7500 Assuming 5% vacancy rate and 1...
Justin Brickman
Texas Property Taxes
Greg Abbott’s $18 billion tax cut package for Texas homeowners came into force on Monday, but many residents complained to Newsweek that they are still facing impossibly high taxes on their homes.
Property Taxes by t...
Wendell Butler
Cost to Build in Worcester, MA Currently?
Hello!I am currently in the process of subdividing some land I have to build to rent a 2-4 unit in Worcester, MA on it. How much is the cost to build currently in Worcester, MA on average?Also I am a newbie at this, b...
Michael Pike
Passing utility & landscaping costs to tenants
Hello Everybody!I'm a new investor and one of the properties that I am looking at is a tri-plex. The current owner pays for the water and lawn care. My question is: can those costs be passed on to the tenants and if s...
Donna Rishel
Why the New Rule on Ability to Repay Can Help the Manufactured Housing Industry
The Ability to Repay Rule issued by the CFPB caps the maximum ratio at 43%.
Given that in most parts of the country it costs $75-$85 per square foot to build a site built SFR (sans land) a 1,200 square foot h...
AJ Wong
Absence of Inventory keeps housing supply limited
There is lots of concern, discussion and hesitation amongst potential property purchasers or investors for fear of a recession and decline of property valuations and/or market conditions. Although many variables are v...
Taylor Green
Thoughts on cash reserves - HELOC acceptable?
Hi,
I have a question on cash reserves for a property. I am going to try and save 5-10% of my projected cash flow every month to put in reserve, as well as anything above my projected cash flow each month. My...
Brian Wilson
DTI - 10% Down Payment Strategy
My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan. If this understanding is true, does your revenue count towards reducin...