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All Forum Posts by: Matt Bailey

Matt Bailey has started 38 posts and replied 108 times.

I've read you should require 3 times the income for your rental price.

Do you apply this to section 8/HCV?

Or do you submit each application and see what the government will pay you and go from there?

If their voucher covers their rent, you can still make them pay for their utilities?

thanks

Post: Quick deed transfer to LLC

Matt BaileyPosted
  • Investor
  • Posts 110
  • Votes 33

Anyone with any experience getting conventional loan in personal name with quick deed transfer to your LLC?

Pros/Cons?


Thank you

thanks @Ralph Justiz, when I do the math with the numbers provided - I get a different number - 10.3

I got that figure from loopnet - do you know how they calculate it?

Post: How is a triplex appraised?

Matt BaileyPosted
  • Investor
  • Posts 110
  • Votes 33

@Jill F.  Thank you for the repsonse.  Which did your bank use?  Will your bank use the appraisal comp for refinancing?

What does a cap rate of 7.9% tell you about a duplex?

How do you use this information?

thank you 

Post: What Landlord Software do you use?

Matt BaileyPosted
  • Investor
  • Posts 110
  • Votes 33

Thanks 

Post: What Landlord Software do you use?

Matt BaileyPosted
  • Investor
  • Posts 110
  • Votes 33

Thank you 

Post: What Landlord Software do you use?

Matt BaileyPosted
  • Investor
  • Posts 110
  • Votes 33

Thank you all!