
14 December 2024 | 36 replies
Hey Asma, Cleveland attracts Section 8 investors due to affordable properties, high demand for section 8 housing and potentially good rental income.

11 December 2024 | 6 replies
Quote from @Jose Solis: @Brandon Croucier i would be able to put around 70-75k down, and should qualify with my income what is the purchase price, and what is the timeline to develop the property?

16 December 2024 | 7 replies
Remember NOI, or net operating income is the basis of market value in rental property.

10 December 2024 | 12 replies
Pretty normal numbers for low income duplexes in Cleveland.

15 December 2024 | 18 replies
Heres to passive income!

15 December 2024 | 25 replies
There are rental management tools like Stessa, Baselane, Innago, and many others that include income/expense tracking that handles all the accounting tasks and reporting you really need for rentals.

10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.

16 December 2024 | 12 replies
., If there are any issues with tenants or house needs maintenance, Doorvest reaches out to us by email and Doorvest also has online platform where we can keep track of all the statuses + income/expenses.

13 December 2024 | 6 replies
If they do not qualify because of poor credit or income issues compared to being self employed etc there are differences - but typically people don’t qualify due to poor credit and people will seller finance to these borrowers thinking they woke up at a holiday inn and got a finance degree when in reality they repeat their past mistakesRemember the definition of insanity is doing the same thing over and over again expecting a different result

13 December 2024 | 2 replies
Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.