Brandon Weis
Exercise Equipment: Function vs Aesthetic
2 November 2024 | 9 replies
You could also offer a gift card to a local gym to keep things fresh for health-conscious renters.
Tyler Bailey
To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
The income requirements and the dependences are illustrated below.
Noey Santiago
Refinancing with a Low Credit Score
30 October 2024 | 11 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).
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.
Steve Tse
Tenant Rent Increase
2 November 2024 | 20 replies
Now most times a resident is under market and this isn't an issue, but I'm just illustrating a point.
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 replies
I work in healthcare and rely HEAVILY on my electronic health record platform, so I think I'm assuming that it's more efficient to build from a platform rather than needing to transition later, but perhaps I'm just making it more complex than it needs to be at this stage.
Jamie O'Connell
Section 8 - My Experience Two Years In
7 November 2024 | 45 replies
She didn't start out on section 8 but had to quit working due to health reasons.
Dillan Gomez
Advice needed on results of my property inspection
1 November 2024 | 5 replies
The home inspector was concerned with moisture issues and any evidence of decay, not the health implications of mold.
Elias Camhi
Managing properties older than 1978? The EPA is requiring Lead certification.
28 October 2024 | 3 replies
Homes built before 1978 often contain lead-based paint, which poses serious health risks, particularly to children and pregnant women.
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
1 November 2024 | 18 replies
We found evidence of mental health and familial issues, all sorts of debt, IRS issues, and even YouTube videos showing a life in disarray.