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17 September 2024 | 22 replies
However, DSCR Loans should not be considered “no doc” loans–they do include a well-thought-out underwriting process and meaningful “common-sense” documentation requirements as well.
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17 September 2024 | 24 replies
One water meter is pretty common and you can include in the rent, charge tenants a flat water fee monthly, subdivide or do a RUBS most of the time, option 1-2 work for the smaller properties.
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20 September 2024 | 14 replies
This is very common in Philly as there’s a lot of older homes and the city is working to gentrify certain neighborhoods.
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19 September 2024 | 30 replies
It is very common for a PM to hire an experienced lawyer to handle the eviction process.
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16 September 2024 | 8 replies
Is this a common thing most DSCR lenders can do?
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17 September 2024 | 26 replies
Running title on a Deed in Lui is to those of us that trade in the bizzness common knowledge but agree you take a mom and pop starting out..
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16 September 2024 | 13 replies
Some lenders use the "Lesser" of the two meaning if you have leases in place that are less than the common rents or the common rents are less than the rental agreements the lender will use the lower of the two rents.
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18 September 2024 | 19 replies
However it could be location, Common area, size, laundry, tenant qualifications (in rough areas you are not going to get many tenants with unblemished credit), parking, look of surrounding properties, etc.
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17 September 2024 | 13 replies
If these are the common lawsuits all CRE professionals have, I think we have some big problems in the industry don’t we.
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16 September 2024 | 6 replies
The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks.