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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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7 January 2025 | 5 replies
By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!
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3 February 2025 | 5 replies
My unit is located by Rose Medical.
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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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10 January 2025 | 13 replies
I've had success turning vacant Florida land into private shooting ranges.
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12 February 2025 | 6 replies
It'll likely be much lower.Of course - on subsequent years the property tax footprint can rise by no more than 5% YoY.I'm trying to dial in my P&L here, so if I do find a decent investment property option, the math can be done quickly and I can get moving quickly.
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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.
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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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2 February 2025 | 20 replies
Too many newbies seem to think they can blindly follow "old" advice in today's real estate market and be successful.Many, basically get taken advantage of by those in the industry that have an incentive to keep newbies blind to new realties, just to keep their good times rolling.What many newbies have figured out is that they can't make the numbers work on rental purchases in their states - like California, Arizona, New York, New Jersey, Washington, etc.What they have NOT figured out is that if they go to cheaper markets, they aren't being shown Class A rentals to buy.