Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
It links to our business bank account and our business credit card so come tax time, deductions should be easier.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
Location and amenities are the two most important factors that bring potential renters to an STR.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
Not sure if I can put the link in so left it out.
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Akshay Kumar
Investment property landscaping
17 January 2025 | 2 replies
Just factor the cost into the rent.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
I'm not making a 100% emotional decision, but it is a factor.
Mike Nelson
Short Term Rental-Famous person previous owner
31 January 2025 | 11 replies
Definitely worth factoring into your strategy, though
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
I used the lower of rent amounts for analysis. https://www.biggerpockets.com/analysis/rentals/ee5f6928-93ce... is link to the BP Calculation on it.