20 August 2020 | 10 replies
Investor friendly agents generally share some of these traits: Great analysis skills, software, and tools with a wide understanding of the market (others too, to add context), investment strategies (able to elaborate and quantify them), well connected and credibility.
12 October 2020 | 8 replies
Delaware and Montgomery counties also have very wide swings in economic areas.
1 February 2023 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350Insurance = $100Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250Insurance = $100Association Dues = $25Total PITIA = $1875Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23Lender terms and fees vary widely.
11 February 2023 | 4 replies
In my opinion, the most valuable part of single family real estate is on the exit, you are selling to a wide pool ranging from cash buyers to first time buyers putting 3% down.
29 July 2016 | 4 replies
These used to be widely available.....my understanding was they were being generated by the credit reporting co.s, since they are the only ones who would have this info., then compiling and selling it.
4 February 2017 | 17 replies
Furnace or AC on full blast, all windows wide open, hot water tap running wide open for a month non stop etc.No you do not ever want the utilities paid for by the landlord and when buying a multi it is essential each unit have separate utilities.
10 February 2023 | 4 replies
Company is nation wide but they have good prices.
3 November 2020 | 4 replies
If you havea) an attractive listing advertisement (many high-quality wide-lens photos, video tour, detailed description)b) advertised to the major listing platforms like Zillow/Trulia/Hotpads, Apartments.com, and Zumper/Facebookc) a professional manager demanding reasonable qualifications and lease terms and responding in a timely fashion to inquiries and setting up showingsand the place is still not leased, then your price is too high.
9 February 2023 | 13 replies
That structure is widely used by checkbook IRA providers.
4 January 2023 | 15 replies
The mortgage will stay where it is, between 5 to 6% , but it no longer a most factor.I've checked Zillow record, there're very wide gap of sold price, which means you do have strong opportunity to win big when market recover in 5 years.