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26 April 2024 | 10 replies
HAR - Houston Association of Realtors) has a mandatory minimum photo count for single family homes unless the buyer specifically refuses and that requires signed paperwork to do.
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25 April 2024 | 7 replies
It is a preference and there is a cost associated with this.
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25 April 2024 | 4 replies
You should be able to find it by filtering by events and Raleigh in the forum drop down. 2) There is a pints and property meet up every month ... it can be found the same way at the BP Meet up info. 3) Triangle Real Estate Investor Association is another great way to be in a room filled with like minded people.
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26 April 2024 | 21 replies
We’ll also make sure to address the opportunity costs associated with Renting and House Hacking.Here are the numbers we are going to use in this blog.
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26 April 2024 | 1 reply
It is important to research tax laws in a particular location before investing to understand the tax liabilities associated with the property.Building CodesBuilding codes specify the minimum standards for building construction and safety.
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26 April 2024 | 26 replies
Found Real Estate Investors Association NYC (REIA NYC), is it a good idea to become a member of this organization?
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25 April 2024 | 2 replies
@David Cheng - So, SBA requires 51% of the income be associated with the owner-occupant.
27 April 2024 | 21 replies
Property managers are usually connected to the industry through associations and professional groups that give them updates on rental law and policy changes.Self-Management Vs.
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25 April 2024 | 15 replies
This criteria is for 1-4 and 5-8 unit programs.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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
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26 April 2024 | 18 replies
I know there are a lot of tax benefits and write offs associated with owning real estate that would be lost as a private lender, but can anyone tell me what to expect?