
23 October 2024 | 1 reply
a market you know well, or vacation in, or have family in, or went to college in, or hope to move to someday.and above all... i'd try, if you can, to pick one you can drive to, within a few hours.

23 October 2024 | 6 replies
@Shaun Hunt Starting a property management company to manage your own properties could offer some tax advantages, but there are important factors to consider.

23 October 2024 | 3 replies
For experienced landlords, what factors should be prioritized when choosing landlord insurance?

24 October 2024 | 33 replies
HUD will only approve market rent and rent the tenant can afford which can be a limiting factor for you.

23 October 2024 | 38 replies
Driving them deeper into debt with claims of big money is a sad way to make a living.

24 October 2024 | 16 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).

22 October 2024 | 6 replies
Factor in hard money loans, high contractor bids for rehabs, etc and you have no deal.

23 October 2024 | 4 replies
The most important factor in a 1031 exchange is who the taxpayer is for the property.

22 October 2024 | 2 replies
If you can drive to see it, even if it's a long drive, you will stay more on top of your investment.4.

21 October 2024 | 16 replies
But upon looking at court records this person has multiple driving violations and charges of criminal trespassing.