9 September 2024 | 2 replies
The jobs report likely won't impact whether rate cuts will come, but could impact by HOW MUCH rates will be cut.
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10 September 2024 | 0 replies
However, through trial and error, I refined my approach, making it more personable and impactful.
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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.Â
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10 September 2024 | 3 replies
Impact of Debt & Financing DSCR: Heavily influenced by debt structure (loan amount, interest rate, and loan terms).
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9 September 2024 | 2 replies
It is not a problem.There are different remedies, including soaker hoses and other remediation items, to limit soil impaction, but piers and leveling are common.Â
11 September 2024 | 8 replies
There is no tax impact without an LLC.
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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.Â
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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.
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5 September 2024 | 2 replies
They will not allow the split to be recorded as it will impact the title on the property and devalue the property.
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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!