
27 October 2024 | 6 replies
In my area foundation issues is common so it's something to include in the numbers.

1 November 2024 | 30 replies
There is a great neighborhood map of Cleveland posted somewhere on BP, but it doesn't include much of the East or North side.

28 October 2024 | 4 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

30 October 2024 | 22 replies
Some section8 vouchers only cover 50% of the rent, while others include 100% + utilities!

28 October 2024 | 8 replies
I believe both Columbus and CCA tax off of income so the income wouldn't be includable on the return where it's not present (100% apportionment to CCA).It's very important to note that not all jurisdictions in Ohio tax at the local level and there's not a ton of rhyme or reason as to why outside of bigger localities being more likely to do it usually.
28 October 2024 | 5 replies
You may have it priced too high, bad pictures, etc.I recommend you include some of your key qualification criteria in the advertisement.

28 October 2024 | 3 replies
Bought in 1999 for 120k. 7.5% interest rate with pointsRents when purcashed: 500 and 600 - Total 1100/m80% of 120k at 7.5% = $671/m (Just mortgage payment - no Insurance and taxes included)Today:Property is worth 560kRents are 2000 and 2200 - Total 4200/m4 years left of payments.Rent increased almost 4x and value almost 5x2.

26 October 2024 | 7 replies
Most loan packages include something you sign that says that you will cooperate with them to correct any technical errors like this and I believe it also includes the ability for them to sign for you if you don't but obviously they prefer to have clean paperwork where you have signed it.

29 October 2024 | 24 replies
Apparently you can do it with a "Crédito Multifunções" but there are some restrictions implemented by the Bank of Portugal: If the property was acquired less than 2y ago: This type of loan is limited to 80%-Loan To Cost (from what I understood rehab costs are not included).If the property was acquired more than 2y ago: This type of loan can be used until a max of 80%-Loan to value not limited to the acquisition cost.Let me know if you had different feedback.

29 October 2024 | 10 replies
As another contributor posted, we treat all tenants the same including providing a walk-through/showing of the property pre-rental.