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10 February 2025 | 12 replies
@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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10 January 2025 | 13 replies
I've had success turning vacant Florida land into private shooting ranges.
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24 February 2025 | 11 replies
Unfortunately, I had to pay to replace the furniture during the lease because it was difficult to say for certain if it was normal wear & tear or damage caused by the tenant.
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4 February 2025 | 2 replies
Then I work with a local insurance broker give them a valuation of the property, explain that the property is being rented and by how many people.
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3 February 2025 | 5 replies
My unit is located by Rose Medical.
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11 January 2025 | 12 replies
Are there any specific clauses I should include in a room-by-room lease for a shared living space?
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6 February 2025 | 5 replies
They are almost certainly responsible for issues caused by abnormal use or abuse, such as a kid sinking his battleship into the toilet.
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5 February 2025 | 8 replies
I’m definitely looking into areas where it’s always a first pick for expats by default.
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2 January 2025 | 1 reply
Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city?
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30 January 2025 | 0 replies
Lenders may count eligible assets as additional qualifying income by dividing eligible assets by 60.🔹 Example in Action:Rental income: $9,000PITI: $9,500 → DSCR <1 (not qualifying)Using $63,000 in assets → Adds $1,045 in incomeNew DSCR >1 → Higher LTV (80% instead of 75%)🔹 Why This Matters:✅ Helps investors qualify for better financing✅ Increases borrowing power and flexibility✅ Allows you to scale your portfolio fasterUnderstanding financing tools like this can be a game-changer for investors looking to maximize opportunities.