Bruce Tieu
What makes a good mid term rental market?
11 October 2024 | 7 replies
We spent about $9,500 on furnishings including furniture, electronics, kitchenware, bedding, towels, etc. for our 2/2 condos.For market pricing, I collect LTR data from BP rent calculator and multiply by 1.5x.
Account Closed
7 Common Mobile Home Inspection Problems
10 October 2024 | 0 replies
You might see soft spots on the floors—they’re one of the most common mobile home faults.
Ian Bower
DSCR Loan Fees - More than expected... is this normal?
11 October 2024 | 27 replies
The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.
Vinay Sanapala
Ready to Dive into Section 8
16 October 2024 | 13 replies
I was more diligent about soft aspects of the interaction when accepting applications.
Corey Crowley
Question about cash out refinancing
15 October 2024 | 12 replies
Make sure that they only check credit once (or soft inquiries) to make sure you are not hit with 10 different hard inquiries all at once.
Marina Ivlev
Building an ADU in Inglewood CA
9 October 2024 | 3 replies
Sticks hard costs usually starts at $175 psf without soft costs.
Leslie Monroy
House hacking in a Duplex in New Jersey
9 October 2024 | 9 replies
Both of these cost you (from rent) utilities, amenities supplies like paper towels, and furniture deterioration.
Mark Miles
Going pet friendly
8 October 2024 | 16 replies
Furniture covers as I said, a couple of food and water bowls, a mat for those as well.We also have cheap towels we bought for around 2 bucks.
Jill Hutson
How do you handle a long vacancy (2+ months)?
4 October 2024 | 26 replies
I also factor in soft budgeted expenses like cap ex, maintenance, and vacancy.For example, if I had a $3k rental and the hard expenses were $2,200 you might view this as $800 cash-flow positive, but I am going to budget maybe 15% for those soft expenses and my cash-flow would be $350 per month.
Andre Galaviz
What type of agreement do I need for a Subject To deal?
3 October 2024 | 3 replies
I have limited knowledge of Sub To deals, despite Pace Morby's excellent efforts to make Sub To well know (Sorry, Pace, it's me, not you!)