
29 February 2024 | 0 replies
They usually run a good 1-2% percentage points higher than a conventional loan.

29 February 2024 | 17 replies
@Brian Ciuchta Slightly off topic but I know @Ben Leybovich is looking into Air BNB units for a small percentage of his multifamily units in Phoenix.

29 February 2024 | 4 replies
I am not sure how long each property needs a rental history in order for it to be counted as income, if they only count a certain percentage of this income, etc.

29 February 2024 | 6 replies
This generally means that the rehabilitation costs must exceed a certain percentage (often 100%) of the building's adjusted basis.Qualified Rehabilitation Expenditures: These are the expenses directly associated with the rehabilitation of the building.

28 February 2024 | 2 replies
The best way to do that would be to have an LLC with its own bank account where everyone owns a percentage of it.

28 February 2024 | 5 replies
Some have no limitations, some have owner live in requirements, some allow a percentage of properties to be rented it out.

1 March 2024 | 40 replies
People will throw out XYZ percentages and say don’t do it, but what I’ve have realized is that it’s one thing to ask someone’s for advice vs being able to do a smart deal.

29 February 2024 | 22 replies
I invest heavily in Detroit and evictions are 3-4 months on average (was faster pre-COVID).Property taxes are high on a percentage basis but increases are capped at the rate of inflation with a max annual increase of 5%.

28 February 2024 | 12 replies
That includes the mortgage, the insurance, if there is any electricity the landlord is responsible for, if the landlord is responsible for any of the water and sewer, not all of those bills might be every month, some might be quarterly or twice a year like the insurance, and a small percentage set aside each month for vacancies, maintenance, and eventual capital repairs.

27 February 2024 | 2 replies
If I were to give a percentage chance of failure to each I would say 20%, 30% and 35%.