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15 December 2024 | 13 replies
Again, not unless its actually that your gross income (including cleaning fees) is 100k a year and your gross rents are actually only 75k.
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26 December 2024 | 5 replies
You’d be shocked by how little actual screening many PMC’s do!
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29 December 2024 | 11 replies
Thank you so much This is actually pretty easy.
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24 December 2024 | 6 replies
It is actually just a tool to create the already mentioned accelerated depreciation.
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30 December 2024 | 15 replies
@Carini Rochester I agree with Greg but to be clear Good Cause does not require a landlord to provide free housing, it just forces them go through the onerous and expensive and lengthy process of actually going for non payment eviction instead of a hold over proceeding, when the landlord knows that a monetary judgement is worthless and just wants possession of their rental unit back so they can fix it back up and rent it again hopefully to a great tenant.Also the problem with all this is that from 2019 to now, landlords have gotten used to having economically or physically vacant units and have priced that risk in.
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27 December 2024 | 15 replies
Working with a mortgage broker who specializes in investor programs can be helpful for better terms as conventional loan product lenders generally don't have the best DSCR terms.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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25 December 2024 | 22 replies
I chat with each and every guest wanting to book the place before they actually book it.
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31 December 2024 | 13 replies
I actually moved from Florida to Columbus for the real estate.
1 January 2025 | 24 replies
That + reading Start with Strategy and filling out the accompanying workbook to help me actually visualize and write down my goals with a plan has really helped me a lot!
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28 December 2024 | 3 replies
I put property taxes 6k/year on each(Even though that's way higher then what it actually is, but the county tax estimate says its around that much for each) and for insurance, I just put 1,100/year on each.If there's more info needed let me know.