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8 January 2025 | 9 replies
Happy to connect as well as I'm based in Chicago.
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23 January 2025 | 45 replies
Problem with these is 1) they won't appreciate as quickly as those closer to the city and 2) it's a whole different tenant base, usually with a lot more management.
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13 January 2025 | 12 replies
I titled this post based on that.
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17 January 2025 | 7 replies
There’s also a scorecard that gets released based upon many factors.
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26 December 2024 | 6 replies
We don’t do overseas rental units but recently have traveled in those countries and my brother bought in Italy and my son is based in Sicily.
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6 January 2025 | 4 replies
Social Security also has a consent based ssn verification process where a SSN can be verified with the parties consent.Again, we can never be 100% full proof but we can stay on top of the latest ways to mitigate the fraudsters at their game.How are you catching fakes?
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13 January 2025 | 31 replies
Are you not necessarily denying him based on screening criteria - Some landlords make it a requirement to view the property prior to letting the applicant apply.
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13 January 2025 | 10 replies
@Marc Robinson if it is on a lagoon I would pass on it based on that alone.
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23 January 2025 | 23 replies
To Jay's point, though, there wouldnt be an impact on your DTI based on your numbers. 75% of the gross rents can be used to offset the debt to $0 until the operating history is reported on a tax return, so if the rent is 65% higher than the mortgage, then the impact to DTI will be 0 until next year when 2025 tax returns are completed.You could try to find a DSCR program that allows you to become a partner of the entity after the property is bought and financed, but this will require significant trust in your partner and may or may not work from a financing perspective.
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5 January 2025 | 24 replies
Hurricane Helene shows us that natural disasters are part of the risk in REI.