Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Kasey Hardt
Development Update- Charlotte's Pedestrian Bridge
18 January 2025 | 1 reply
Led by Atrium Health and Wexford Sciences
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Registration RequirementsIn Indianapolis, you’ll need to register your rental property with the Marion County Health Department.
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
have a rental next door to your SFH would likely mean being next to a delapidate SFH.The aids health foundation has spent over $40m trying to get this to pass.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
I laid out in detail the details and steps of the clean up.
Jessica Young
HOA votes to bylaws change bans smoking but a renters' lease
29 January 2025 | 5 replies
FL seems to have reigned in HOAs recently, so who knows what they are allowed to do.I know that in CA, an HOA can ban smoking in units because smoking is not a protected class and the HOA has an interest in the safety & health of the building.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
When you posted your review, we assessed the unit to see if there was evidence of mold, urine or any other health hazard.
Keith Mintz
Sober Living Investment
21 January 2025 | 3 replies
As long as no “healthcare” services are provided (like medication or personal care), it’s not regulated by the Department of Health.
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
If you are following the rules then everything should be OK.This is no different than a health inspector visiting a restaurant.