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8 May 2024 | 4 replies
If the tenant decides to move you have the opportunity to re-rent to a more qualified individual at Market Rent.Generally we consider section 8 the bottom of the market.
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8 May 2024 | 6 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
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8 May 2024 | 14 replies
While you've already explored Harrisburg, Allentown, and Scranton, consider expanding your search to include other rural towns around metro areas that might offer a more stable and landlord-friendly environment.
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7 May 2024 | 8 replies
BP is a great Community, but it doesn't focus exclusively on passive syndications so it might make sense for you to look for some groups that have a more narrow focus.
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6 May 2024 | 5 replies
On a separate note, if my personal home and all my business is in the state of Michigan at this point, would there be any benefit to designing the business as a series outline or simply a parent/child LLC set up where the parent LLC would be created in a more tax advantaged state such as TX, WY, NV etc?
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7 May 2024 | 9 replies
When looking at a commercial property like strip mall it's a more advanced DSCR calculation, as it can include CAM's, an expense factor some use 20-40%. 30 year commercial loans do exist, I do not like ballons personally.Happy to help further on this & any future purchases as well!
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6 May 2024 | 10 replies
Fix n flip is a quick turnaround interest only loan for a term of 6 to 24 months The BRRR method is used for buy, rehab, rent and repeat with a more conventional mortgage structure.
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6 May 2024 | 3 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
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8 May 2024 | 112 replies
I think Ohio Cashflow and what you guys offer are both great, but again, if I'm not trying to build a more significant portfolio of properties, it might make sense for me to pursue other investment options.Well I look forward to hearing from you.Thank you.Kelly Farmer"The response:"In my opinion you have a few options to consider:1) List on the MLS (Not us but another agent that we can refer) (A commission will need to be paid to the agent and we have no idea of how long it will take to sell.
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6 May 2024 | 3 replies
Ask for them to meet you at the property to hand over keys and do a quick walk through knowing they will do a more thorough when they are by themselves (because it is much easier to do it that way).