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30 December 2024 | 1 reply
Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45% Lessons learned?
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23 January 2025 | 30 replies
When I DM'd you, asking if you would put my mind at rest by simply confirming you own the asset, your response was, "I don't owe her a response about anything on my website nor do I have to prove anything lol".
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30 December 2024 | 7 replies
Qualified renters can opt to pay a non-refundable monthly fee instead of a traditional deposit.
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28 December 2024 | 3 replies
Installing thermostats with regulated heat control (we pay heat) 3.
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30 December 2024 | 7 replies
AND I usually pay a little below market rent, but put a little into the cleanup or fix up of the property.
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17 December 2024 | 15 replies
@Ryan Fox I would be paying attention to new cracks in the foundation.
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3 January 2025 | 18 replies
If there are fines to pay, it’s the LAIC’s responsibility to pay them, if the owner doesn’t.
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2 January 2025 | 11 replies
The second-floor tenants stayed (they’ve been great tenants), but the third-floor tenants refused to pay the increase.Spring: Turnovers and Learning ExperiencesAs spring rolled around, I turned my attention to getting the garden unit rent-ready.
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29 December 2024 | 2 replies
Also I would consider being a new agent in a market with no inventory and no buys will be a grind with little pay.
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8 January 2025 | 10 replies
Aloha @Daniel Kam - most of Kakaako has a 180 day rental minimum, so if you haven't checked with your building association, I recommend you verify what the minimum rental period is for your building.If you are allowed to rent for less than 180 days, you will then need to apply for a GET license, and well as TAT/OTAT and pay the appropriate taxes on a regular basis.