Ian Bower
DSCR Loan Fees - More than expected... is this normal?
11 October 2024 | 27 replies
The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.
Darryl George
The ARV Question: Need Pointers on Using CMA for Accurate Comps!
12 October 2024 | 1 reply
I’ve been working on mastering ARV (after repair value), but I still feel like it's a skill I haven’t fully nailed yet.
Jeff Ebert
tax hike worth appealing?
10 October 2024 | 7 replies
If you’ve owned it for a few years there a cap on the amount they can increase the taxable value, I believe it’s 15% excluding improvements to the property.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
You hit the nail on the head when you said that you can essentially make more money while managing the same amount of assets and that's a really critical point.
Fareen E.
Michigan Realtor, Now First Time REI
8 October 2024 | 6 replies
You’ve already hit the nail on the head—patience, organization, and a solid team are all crucial.I invest in Michigan and visit 3-4 times per year, primarily focusing on Detroit.
Amos Smith
Price Reduction From Vacant Lot Loss (Advice Please)
8 October 2024 | 9 replies
The CAP on that was fair and enough for me to cover my expenses, debt payment and put some cash in my pocket every month.
Maria Diaz
contractor best practices
11 October 2024 | 17 replies
The job starts when the administrative work starts , not when you bang the first nail .
Kristi Miller
Has anyone started a STR cleaning company (or PM company)?
8 October 2024 | 14 replies
We have a cap on the # of STR permits you can get.
Lexie R.
New to Landlording and Perplexed
10 October 2024 | 24 replies
You hit the nail on the head in your third sentence!
Rick Albert
Section 8 Experiences: Who wants to chat over coffee?
4 October 2024 | 2 replies
Section 8 typically has a cap on the rent rate, dependent on bedroom counts.