Tony Hoffer
Legally a DUPLEX, actually a TRIPLEX
11 September 2024 | 18 replies
It was inspected as a duplex, and I'd bet it'll be appraised as a duplex as well (basically removing the oven gives the appraiser plausible deniability), which could create value issues and impact your DTI if you need to use rental income to qualify.
Jeff S.
Second water meter in a duplex
9 September 2024 | 12 replies
If you feel you can bill separately for water if metered you should have no issue simply adding a flat water fee and I’d imagine the $17,800 could go a long way in a 2 unit building for upgrades that would have a greater impact on revenue.
Joseph Scorese
Key Differences Between DSCR & Cap Rate that a Real Estate Investor Should Know
10 September 2024 | 3 replies
Impact of Debt & Financing DSCR: Heavily influenced by debt structure (loan amount, interest rate, and loan terms).
Lance Turner
Tenant Turnover During Holidays
10 September 2024 | 11 replies
We market/show the property and try to find a replacement tenant as quickly as possible, minimizing impact on the departing tenant.
Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
There is no tax impact without an LLC.
Chris Seveney
Significant Increase in Posts For Financing...
16 September 2024 | 43 replies
They risk losing the investment and impacting their personal finances if things go wrong.
Erin Hollen
What would you do?
9 September 2024 | 4 replies
I made that mistake a lot in the beginning - yes putting in new cabinets will be great but it won't impact value much in some of the neighborhoods I'm investing in, for example.If you're local to the area, I think this is a great way to start in the REI world!
Charlice Arnold
Navigating Your First Fix-and-Flip: Insights and Tips
9 September 2024 | 3 replies
To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.
Amir Khan
Please help me with my research?
7 September 2024 | 0 replies
This is incredibly important work and in order to create the most impactful and transformational program possible, I am looking to interview people who fit this description and learn more about their challenges, frustrations, dreams and goals.
Jane Dang
Roof Replacement on Rental Property
9 September 2024 | 19 replies
Is that still true even the roof was torn and impacted the service?