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Have a former multi-family house-hack in NJ that I converted to a full rental 2 years ago. I have 1 year left to qualify for the primary residence capital gains tax exemption. Property has a 30yr mortgage @3.6% intere...
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Hi All, I need another opinion/clarity about my closing costs. Home is a multifamily for $380k, conventional loan, bought 1 point and interest is 6.125. Initial closing cost estimate was $13.5k. Just received disclosu...
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We have a few properties about 150 miles away, so we currently have a property management company that is managing the buildings for us. We recently switched over to Appfolio for our buildings we manage directly, and ...
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Hey everyone,
just wondering how you would find out what to charge for rent, which is obviously what you subtract from expenses to find your cashflow.
Is it derived from similar properties in the area?
thanks
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I have a park under contract with fairly low lot rent for the area. Problem is the park does not make sense unless I raise the rents on the 26MH pads from $150 to $300. Not sure if anyone ever raised rents that much b...
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I own a 9-unit building in Millvale, PA and just got a notice that the school district is appealing the assessed value in order to extract additional tax revenue from me for 2013.
Can any of you provide any advice on...
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Markets across Arizona show a stable rental economy despite the pandemic. At Atlas Real Estate, we’ve seen a 97.4% occupied AND collected rate among the 3,600 units that we manage. But keeping vacancy rates low is eas...
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Hi, I'll make this brief. I have no assets but am planning a future in real estate. I research occasionally and build scenarios in my head to see how purchasing proprieties will result in cash flow. This most recent s...
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I spoke with a td lender and he's telling me he can get me a mortgage for 3% down and pay no mortgage insurance.He said theirs no owner occupant issues has any body ever get offered sumthing better then a fha or is th...
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My mother-in-law is moving out of her primary residence and to rent it out. It's a fully remodeled townhouse near Santa Cruz and would like a good property manager recommendation. Thank you!