
10 November 2024 | 2 replies
The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range.

14 November 2024 | 30 replies
This can range from as little as $12k up to $150k.

9 November 2024 | 7 replies
Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.

12 November 2024 | 5 replies
Definitely looking to start smaller, in the 2-4 unit range, but seeing what you put in your buy box helps me think about narrowing mine.Plan is for funds to primarily come from saving from my W-2 work and possibly utilizing equity from my primary residence, though that is something I would need to really plan out.

15 November 2024 | 15 replies
(mostly cosmetics), what price range that it must fall into at that condition (for the purchase price) and/or what the maximum LTC to ARV must be (in other words the purchase & rehab numbers must not exceed 65-70% of the ARV, the lower the percentage of ARV the better).

12 November 2024 | 17 replies
Calling respected contributors with significant experience in wholesaling “ridiculous” doesn’t add to the discussion.

13 November 2024 | 34 replies
Definitely none of my business to give any legal advice however, in respect to qualifying for a DSCR loan and using an entity, this is what I have seen.

13 November 2024 | 12 replies
For DSCR, the seasoning requirement is usually ranging for 3-6 months meanwhile a conventional lender has a 12 month seasoning requirement.

13 November 2024 | 18 replies
I treat tenants with respect.

10 November 2024 | 1 reply
For clear evidence, you may want to consider an air quality monitor specifically noted for detecting a range of smoke types.