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21 September 2024 | 14 replies
So I think you should try and sell it the way it is.I will say after much study and chatting with a dozen lender, no one will lend more than comps show on a working STR vs a standard home.So list the house as a house and then work out a deal on the furnishings etc.
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20 September 2024 | 28 replies
In my area you dont apply as "Landlord" once you have a section 8 tennat application they inspect your specific property to make sure it meets there standards.
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20 September 2024 | 3 replies
If the rents are equal to that or greater its fits under a standard DSCR 1 to 1 ratio or 1.00%.Example $280K purchase 20% down $224K loan at 6.99% $1,488.77 P&I.
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20 September 2024 | 7 replies
I can get coverage through Texas Windstorm Insurance Association (TWIA), but they would not insure without a new roof that meets their standards.
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19 September 2024 | 2 replies
The goal is to identify undervalued properties, renovate them to high standards, and sell them for a substantial profit.
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23 September 2024 | 19 replies
While living in the property, after expenses, all of my properties have operated at a paper loss with standard depreciation.
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22 September 2024 | 13 replies
Hey CJ, I definitely don’t think you should be lowering the standard of good service.
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19 September 2024 | 18 replies
This is a pretty standard ACH hold period.
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23 September 2024 | 29 replies
Having the standard analysis is excellent, but having additional criteria that are more personal might also become helpful during this process.
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21 September 2024 | 53 replies
Raise the Standard Real Estate LLCCharles Anthony