
7 December 2024 | 2 replies
Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

6 December 2024 | 10 replies
Can the travel mileage incurred during this time be included as start-up expenses?

8 December 2024 | 19 replies
Im not sure I understand why its an issue that it was not included in the estimate for the loan.

9 December 2024 | 21 replies
This property will not compete with hotels is what I thought We just book multiple rooms next to each other to take advantage of the included Disney transportation.

14 December 2024 | 36 replies
I know many investors from around the world including many from Ca that have been as well.

1 December 2024 | 8 replies
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9 December 2024 | 8 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).

10 December 2024 | 22 replies
I contacted the recruiter directly and provided them a flyer for my property so they can include it when placing future travel nurses in my area.If you have multiple units (usually there is a minimum of 4 or 5), then the hospital is usually willing to share your information with their inbound travel staff.Best wishes,Melissa

15 December 2024 | 30 replies
When looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.

6 December 2024 | 36 replies
That's amazing that it included the TPA connection for the same price.