
10 January 2025 | 7 replies
we did the first 3 in a 18 month period we used internal funds so no debt.. these were 350k to 400k all in projects.. so U need cash to be a spec builder or you need investors if you dont have cash..

16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

29 January 2025 | 27 replies
Additionally, the Villages are close by and with an aging population it attracts a lot of healthcare field workers.Now, with a lot of rental properties you may run into slightly longer vacancy periods if you have a unit turn at the same time as others, but generally speaking renter demand is solid.

19 January 2025 | 55 replies
This plan also offers many integrations (at an additional cost) depending on what your needs may be.

12 January 2025 | 10 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?

15 January 2025 | 3 replies
Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.

6 January 2025 | 7 replies
If you're a good student and can get into a good college without going very deep into debt, I believe you should go.

13 January 2025 | 30 replies
They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.

14 January 2025 | 329 replies
I’ve always believed that every regulation away from a completely free market leads to reactions that require additional legislation to solve, that again creates additional problems.

11 January 2025 | 4 replies
Most likely a "discount listing" Owner pays realtor a small amount upfront to add it to the MLS.