
5 November 2024 | 5 replies
Wanted to know if it's possible to send a tenant to collections after a move out/ evictions for additional charges the security deposit didn't cover.

6 November 2024 | 1 reply
HUD typically covers their portion of the rent directly to you each month.4.

6 November 2024 | 17 replies
The property is rented at 850 a month with market rent average at 1300 and she covers all utilities and yardwork.

7 November 2024 | 5 replies
Also, does the 1031 exchange cover just the $500K gain (appreciation since converting to rental) or the full $1.5MM gain?

6 November 2024 | 3 replies
I will be contacting my agent soon, but I wanted to toss this question to the forums to help me cover bases I might not think about.

7 November 2024 | 27 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

5 November 2024 | 8 replies
If you want a Ring, get a Ring.There are a TON of options for cameras out there to cover the door.Ya pays yer money and ya takes yer chances.

5 November 2024 | 39 replies
You might be covered if its the second one.

8 November 2024 | 22 replies
For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.

5 November 2024 | 2 replies
I have some funds of my own, but not enough to cover the steep down payment.