Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
If it is something other than that, then yes, the engagement fee is absolutely standard.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
And then finally, there is always the option to just claim the regular standard mileage deduction rate of $0.67/mile.
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
They’re not a standard DSCR collateral choice.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
If I’m not mistaken you put around 50% down but I can connect you with a lender to get better info Hey Khalid - that sounds a bit higher than standard.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 replies
@Serge Hounkponou Recommend you first figure out the property Class you want to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jasmine Thermitus
Primary to Rental Property
15 January 2025 | 15 replies
After that make sure you have your property up to standard before placing a tenant.
Ben Callahan
Californian new to REI - looking for out-of-state rental property
6 February 2025 | 34 replies
@Ben CallahanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
I don't remember the precise words, but essentially he claimed that there was some sort of standard rental agreement applicable to the area and he could not (perhaps in reality would not) add anything to it at all, which struck me as oddly questionable.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
5 February 2025 | 56 replies
Your only option will be to find a job to supplement your diminishing ability to sustain your standard of living.The income must last throughout your lifetime.
Dillon O.
Off Market Buyer/Seller Agent Commission -
3 January 2025 | 3 replies
(We're not desperate to sell) With being new to the selling side, I'm curious what is standard for agent commissions in an off market situation.