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All Forum Posts by: Tristan Bennett

Tristan Bennett has started 3 posts and replied 4 times.

Post: DSCR Home loans

Tristan Bennett
Pro Member
Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 4
  • Votes 2

HI All! 

Does anyone have experience with DSCR loans? Pros/ cons etc?


Thank you 

Post: First time landlord

Tristan Bennett
Pro Member
Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 4
  • Votes 2

@Anna Sagatelova

Thank you!

Post: First time landlord

Tristan Bennett
Pro Member
Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 4
  • Votes 2

I’m a new landlord and have a question regarding one of my current tenants.

The tenant has been in the home since January and she recently reached out to me with some lawn issues that need my attention . The grass in the front yard is dead/ dying, and until recently she didn’t know how to turn the sprinklers on. I’m headed over after work to take a look. My question is what is the correct course of action? As a landlord is it my responsibility to fix the lawn with new sod etc if a tenant has not been watering the grass as regular maintenance? Obviously if the irrigation system is broken that’s another matter.

TYIA!

Post: Detroit rental investing, do’s, dont’s good areas and bad?

Tristan Bennett
Pro Member
Posted
  • Rental Property Investor
  • Jacksonville, FL
  • Posts 4
  • Votes 2

My partner and I are considering investing in rental properties in Detroit. We currently live in Florida but are flying up there next month to try and get a lay of the land, and hopefully spend a couple of days checking out properties. 

Is there any specific things or areas we should primalrly be focusing on? Any unforeseen  pitfalls that we should be aware of??  We  know Detroit seems to be going through some positive changes of late, but we’re also aware neighborhoods and even streets can differs dramatically from one to next. 

The plan is to buy a single family house ranging from 60k to 100k in a condition that wouldn’t require a huge amount of rehab that could cash flow  $100 to $200 each month. 

Thank you in advance for all suggestions!