
30 August 2024 | 15 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.

30 August 2024 | 15 replies
For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?

27 August 2024 | 10 replies
I'm looking to buy a house in Raleigh, North Carolina, and I wanted to figure out all the monthly expenses, including utilities, that I'll have to pay for when owning a home.Below is a list of monthly expenses I've identified so far.

29 August 2024 | 13 replies
A client of mine actually recently utilized a securities-backed line of credit (SBLOC) for a real estate deal.

27 August 2024 | 6 replies
High Credit card utilization is better than a abundance of missed payments or recent bankruptcies.

27 August 2024 | 8 replies
Imagine the lease says you will pay all utilities or the tenants have provided all appliances they will be taking with them.

27 August 2024 | 0 replies
All utilities will be billed to the tenants.Using the BP calculator to underwrite this deal I'm showing NOI $32,274, Monthly cash flow $698/month, and CoC ROI 30.99%file:///C:/Users/Provider%20QCK%20Richmon/Downloads/9284%20Peachtree%20St%20(1).pdfPlease pick this analysis apart and tell me what I'm not thinking about .........

27 August 2024 | 2 replies
So, if you didn't pay your municipal utility bill and the municipality slaps a lien on the property the buyers could come back and hold you responsible for that.

23 August 2024 | 4 replies
It all comes down to utilities, and insurance.

27 August 2024 | 3 replies
You could certainly ask them although I would note, they'd almost certainly never figure out you were gone especially if the mail, utilities, etc. were all in your name and you were in fact there half the year or so.