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14 November 2024 | 24 replies
There are no memberships, no mortgages (for you to qualify for) and once you invest; your work is done.
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15 November 2024 | 14 replies
Quote from @Robert Cucino: Quote from @Tanner Lewis: Those look like pretty solid returns on the surface level, if you decide to go with DSCR, you can qualify the deal with AirDNA projected income even if it is rural. yeah i talked to dcsr lender in area, they do 80 LTV.
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19 November 2024 | 6 replies
Unfortunately you will have to qualify using market rents, if you want the better rate.
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11 November 2024 | 4 replies
The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.
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14 November 2024 | 3 replies
Check out my story here: https://www.padsplit.com/stories/members/jeanQuote from @Alex Martinez: Investment Info:Single-family residence buy & hold investment in Atlanta.
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15 November 2024 | 3 replies
So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.
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16 November 2024 | 3 replies
Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.
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14 November 2024 | 19 replies
I have a 3/2.5 in Old Lake Highlands near White Rock Lake (~1 mile) that my family and I are living in as a primary residence, but I have been thinking about house hacking into another house and then doing a MTR on this 3/2.5.
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14 November 2024 | 10 replies
Quote from @Matthew Posteraro: Me and my wife are planning on starting our investment journey by buying a multi-family home that we would live in as our primary residence.
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22 November 2024 | 92 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.