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Results (10,000+)
Gabe Bouldien DSCR Loan Analysis
22 July 2024 | 21 replies
I can go to 80% without affecting the pricing.
Leeling Chew Vacating a Noisy Tenant in a Rent By Room Situation
22 July 2024 | 5 replies
(Q2)Another question I have is that since Steve broke the terms of the lease by affecting the other tenants’ “peaceful and quiet enjoyment of the property”, is he obligated to pay the rest of the rent even though he will be vacating the property before the end of the lease?
Gino Barbaro Where Do You Think People Fail When Not Achieving Financial Freedom?
22 July 2024 | 71 replies
I think that people are so affected by what they hear/see when they are young, and if they don't explore their limiting beliefs and what they were taught, it will hold them back later on in life.
Mike Wood DSCR and Commercial Loan Question - 2+ unit Investment Properties
22 July 2024 | 17 replies
From there every 20 point increment affect pricing differently.
Jay Hinrichs national rent control
22 July 2024 | 120 replies
Also, the federal government has authority to regulate interstate commerce NOT things that affect interstate commerce.
Brooke Roundy Tenant marijuana smoking nuisance
19 July 2024 | 19 replies
But when living in such close proximity with other tenants, they really need to be considerate on how it's affecting others. 
Karolina Powell Questions to ask when touring a multi family
21 July 2024 | 12 replies
Ask about the maintenance history.Units: Visit as many individual units as possible to assess their condition and note any necessary repairs or updates.Structural Issues: Be vigilant about signs of water damage, mold, or pests, which could indicate larger problems.Safety Compliance: Verify that the property meets all local safety and building codes, including fire alarms, extinguishers, and emergency exits.Financial and Operational AspectsRent Roll: Request a detailed rent roll to understand current rents, lease terms, and tenant occupancy.Expenses: Get a breakdown of all operating expenses, including utilities, maintenance, insurance, property management fees, and taxes.Income Verification: Ask for historical income statements (preferably 12 months or more) to verify the revenue.Vacancy Rates: Inquire about the historical and current vacancy rates and how they compare to the market average.Tenant Profile: Understand the tenant mix, including residential versus commercial tenants, lease lengths, and tenant turnover rates.Property Management: Find out if the property is currently managed by a professional management company and if you will retain or replace them.Legal and ComplianceZoning Laws: Ensure the property complies with current zoning laws and inquire about any zoning changes that may affect the property.Rent Control: Determine if the property is subject to rent control or other regulations that could impact income.Permits and Licenses: Check that all necessary permits and licenses are up to date.Value-Add PotentialRenovation Opportunities: Identify areas where you could add value through renovations or upgrades.Rent Increases: Assess the potential for increasing rents based on market rates and property improvements.Additional Income: Explore opportunities for additional income streams, such as laundry facilities, parking fees, or storage rentals.Environmental ConsiderationsEnvironmental Hazards: Check for any environmental issues like asbestos, lead paint, or underground storage tanks.Flood Zones: Verify if the property is in a flood zone and the implications for insurance and risk.Questions to Ask the SellerReason for Selling: Understand the seller’s motivation to gauge the urgency and possible negotiation points.Recent Repairs and Improvements: Ask about any recent capital expenditures and future planned repairs.Tenant Relations: Inquire about the relationship with tenants and any ongoing disputes or issues.Due DiligenceProfessional Inspection: Hire a professional inspector to conduct a thorough examination of the property.Appraisal: Obtain an independent appraisal to verify the property’s market value.Legal Review: Have a real estate attorney review all contracts, leases, and legal documents related to the property.By covering these aspects, you’ll be in a stronger position to make an informed decision about your potential investment.
Patty Tower Paying off Debt While Investing
23 July 2024 | 28 replies
The best advice he gave me was ,  If you can throw 10 grand in the air and let it blow away and it wont affect your life , thats money you invest . if you cant afford to lose it , dont invest it .
Ryan Lee Investment property loan 25% down or 20% down
20 July 2024 | 13 replies
From there every 20 point increment affect pricing differently.
Anthony Jacques How to Start Investing when already using VA loan
20 July 2024 | 11 replies
Then rinse and repeat the process until you are out of VA eligibility and refi the first property into a conventional mortgage.The key here is that you need to add that sweat equity to the properties, providing a cushion for market fluctuations and increasing the rental potential for each home.