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Results (10,000+)
Will Mejia Solar panels for 3-unit rental property??
18 October 2024 | 7 replies
Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.
Lori Brock WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
What points and interest do you typically charge and how long are the loans you like to make?
Peter Mihelich [Calc Review] Help me analyze this deal
18 October 2024 | 3 replies
The total loan fees ($6,799.91) you entered as points should likely be divided by the loan amount to get the actual points (which are typically 1-3% of the loan).
Dennis Silver Real Estate Syndicate Investing
18 October 2024 | 2 replies
For me if someone has a negative review I typically consider something else, if its positive then I would continue to do my own research but do not really go off of others.
Melanie Baldridge One of the best strategies is this
22 October 2024 | 18 replies
cashflow in residential is typically achieved either through a more difficult method, or after 10+ years.
Joseph Baena New to investing
17 October 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Tricia O'Brien California - Rent "paid" when electronic transfer initiated vs Landlord gets $$ ?
18 October 2024 | 7 replies
Typically with these systems the tenant will have a "confirmation" notification that payment was paid on 14th.
Alan Asriants Strategies for new investors/Househackers
18 October 2024 | 1 reply
Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.
Jon Cave Finding STR's that work with a mortgage
17 October 2024 | 26 replies
I heard a STR focused book keeper say that the her Midwest investors are crushing it, while the more typical markets are struggling. 
Dena Sommers Where else is advertise than Zillow?
18 October 2024 | 11 replies
Zillow is typically the best quality leads in my opinion.