
18 November 2024 | 8 replies
Test the waters with the sponsor for 3-5 years as they hold the properties in the DST, then decide if you want to align with them as a part of your long estate plan.Last (and best) recommendation: Ask your broker what the funds from operations (FFO) ratio is.

27 November 2024 | 8 replies
Focusing on duplexes or small multifamily properties can provide potential appreciation and cash flow, even if the property doesn't cash flow immediately.

25 November 2024 | 1 reply
I've temporarily moved to a referral network only, and am very happy to answer questions and connect investors with real estate agents, property managers, and other service providers in NW Florida.
26 November 2024 | 7 replies
This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

2 December 2024 | 34 replies
Once again, I would read the book ($10) and do my own do diligence before I ever take the advice of anyone in a forum, but I'm definitely getting in, as I see it as a way to provide people who can't or just don't want to deal with the bank for reasons of their own.

27 November 2024 | 10 replies
For your property to perform well, I would want it to rent for around $1800 a month to cover expenses and provide some cash flow.

26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

24 November 2024 | 2 replies
"If the borrower(s) provides written evidence that the student loan debt will be deferred at least 12 months beyond the date of closing, a monthly payment does not need to be considered.

25 November 2024 | 23 replies
I have no time to schedule a contractor to walk through and provide a comprehensive bid.

25 November 2024 | 9 replies
How long a stretch does it run to provide proper slope to drain the water effectively?