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Results (10,000+)
Felipe Manoloff Seeking advice on renting out my home with limited landlord experience
23 October 2024 | 5 replies
Have you tried to understand the basics of rental investing?
Tasha Smith Raising Rent - Different monthly rates for inherited duplex tenants
25 October 2024 | 10 replies
But, if the units and amenities are basically the same, then when the rent agreement comes due, propose the same rent structure.As landlords, we need to continue to keep rents in alignment with the market.
Omar Doyle DSCR Loan insight
21 October 2024 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Zac Kucharek Starting LLC questions - 1 or 2 member LLC
27 October 2024 | 13 replies
Zac, while it is true that some trusts are complicated, file tax returns, get EIN's and need attorneys to set them up for you...what I am talking about is a basic Grantor Revocable Trust (Better known as a Land Trust or an "Illinois Type Land Trust").
Jane Zhang Architect getting into Real Estate investing
23 October 2024 | 9 replies
I still need to research a lot more, basically places with good rtp ratio and high growth potential I think.
Chris Seveney Why Teaching Finance in School Is So Critical
23 October 2024 | 8 replies
The problem in school is the poor way they teach basic math, Algebra, and Geometry. 
Imani Naomi Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
It's two words forced appreciation. basically you need to pretend you're an appraiser.
Peter Trifan Michigan Builder License Course/Class Recommendations
23 October 2024 | 2 replies
I currently have a more basic understanding, I've down quite a bit of the work for most of my properties. 
Mindy Nicol Listed my STR. Overwhelmed with financial requests
25 October 2024 | 26 replies
I think this is the gift and the curse of a still emerging asset class (short term rentals) - as it becomes more "institutional" i.e. more like commercial real estate with more sophisticated buyers then financials and systems for this will likely become more streamlined and stable, but we are still in a place where the buyer pools are more newish investors or typically residential basic investors, so not has experienced or sophisticated evaluating investments based on a detailed financial analysis like more seasoned commercial investors likely would.anyways, just a guess on what might be going on here
Young Yoo Short term rental regulations in Door County
23 October 2024 | 1 reply
Basically if you had a guest who checked in Sunday and they checked out on Wednesday you still could not book another guest who is staying less than 1 week stay until that Saturday.