Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
You need to adjust for inflation--back in 17 that wasn't on folks radars--and health costs.We do this now because of satisfaction, interest, and everything in between.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Instead, Trump calls for Health and Human Services Secretary Alex Azar and Centers for Disease Control and Prevention Director Robert Redfield to “consider” whether an eviction ban is needed.A federal eviction moratorium has ended.
Robert Liu
New build with delta build services in Cape Coral
13 December 2024 | 62 replies
Approved Septic System Design from Lee Health Department (8-12 Weeks) The clock for the commencement of construction starts once the slab is poured and approved by the city inspectors, this is detailed in Section 8 of your build contract.
Charlie Cameron
Assisted Living Investing Q&A!
7 December 2024 | 11 replies
You would want to look at the Texas Health and Human Services Commission website.
Keleisha Carter
rental arbitrage in Tampa/ St Petersburg
4 December 2024 | 8 replies
With rent demand being so high, it can be hard to make the numbers work, and it is so easy for property managers to fill units, that there is little justification for taking on the risk of dealing with Airbnb issues.To illustrate, I will give a personal example.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
Keep in mind that I am selling them as affordable fixer uppers and usually only address any health, safety, and functionality issues.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
You need to carry a special type of health insurance, not the traditional kind.
Raj Vardhan
Cash out Refi
9 December 2024 | 16 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 = $350, Insurance = $100, Association 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 = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
David Rodriguez
Medium-Term Rental Vs. Long Term Rental for a 2 bed/2 bath single family home.
10 December 2024 | 16 replies
@David Rodriguez MTR is about location for health travelers and you also have a healthy population of snowbirds in Phoenix.
Jamie Banks
ALE Solutions Win
15 December 2024 | 38 replies
I am interested in MTR for my properties in Akron, OH as one is walking distance to Summa Health Systems Hospital there and the other is a 15 minute drive.