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16 December 2024 | 19 replies
Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.
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27 December 2024 | 13 replies
As long my refi goes through ok I think I'd like to hold onto the BRRR and be more careful about what I get into next.
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26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".
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17 December 2024 | 22 replies
I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.
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24 December 2024 | 5 replies
Secondly when I was more involved with CA RE in the LA basin.
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25 December 2024 | 12 replies
I'd add a late fee to the lease renewal, but if they are struggling to pay rent now, when the baby comes, they will be down one income for a bit and then have child care, so will likely have more problems.
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20 December 2024 | 14 replies
If its an attorney closing state same thing ask the attorney or one of their staff.Generally though be care of those reaching out and promising rates that are simply better than current rates thats almost always a fake lender or a bait and switch..
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19 December 2024 | 28 replies
I don't care much about soap and shampoo, but quality TP is something they will definitely notice.
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27 December 2024 | 18 replies
Take care everyone.
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27 December 2024 | 34 replies
.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com