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23 December 2024 | 10 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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23 December 2024 | 5 replies
If it's way out of whack with the market average, dig deeper.Debt Service Coverage Ratio: Key for nderstanding if the property's cash flow will cover financing comfortably.Historical Vacancy Trends: Especially in areas like Chicago, where local job markets fluctuate, knowing vacancy trends can help you anticipate rough patches.Rent Growth vs.
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23 December 2024 | 0 replies
Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?
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22 December 2024 | 3 replies
Plus a “Service” oriented community which is very different from other countries.
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22 December 2024 | 2 replies
It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.
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27 December 2024 | 19 replies
Getting the wrong tenant in your property can be a nightmare and cost you thousands.I suggest using a service like Mayistay.
21 December 2024 | 18 replies
It depends a lot on your risk profile and regular income.
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31 December 2024 | 76 replies
I added a "cowboy pool" to one property...now I've got a pool that needs cleaning and most pool companies don't service above ground pools, go figure.
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17 December 2024 | 14 replies
Regularly communicate with them to stay updated on progress and address any issues promptly.
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22 December 2024 | 8 replies
That strategy is not going to work at all. 99 percent of agents don't even know or understand seller financing and will just think it's a scam (which it is most times these calls come in since the caller has no money and therefore is irrelevant to a regular homeowner).