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Results (10,000+)
Chris Roberts Do DSCR loans affect DTI
29 July 2024 | 16 replies
Some contracts will restrict the liability to just the guarantor's share or another amount (say 120% of the guarantor's share), but this is less common.
Frank Barletta Reviewing Parma, OH for Investment Opportunities
27 July 2024 | 19 replies
This scenario forecasts a potential 9.85% cash-on-cash return for an all-cash investment.Additionally, with a more extensive renovation, the property's resale value could surge above $200,000.This is just one example, but the above data showcases its potential as an excellent market for single-family home investments.
Henrik Arnroed Would you live in the market before you buy?
27 July 2024 | 16 replies
@Henrik Arnroed, take real estate investing out of the scenario for a moment and ask the more important question: Why do you want to move to Atlanta?
Nima Malboubi For MF: Change the front door main entry way lock/knob whenever a tenant moves out?
26 July 2024 | 2 replies
If you have a small multifamily (let’s say 4-family apartment) that has a main common entry door into the building, are you supposed to change the lock whenever any tenant moves and then give all the tenants the new key?
Account Closed Germany
28 July 2024 | 25 replies
Regarding the mortgage terms, you could either get a flexible loan (not very common) or a 5 year fixed mortgage to reduce the penalty (Vorfälligkeitsentschädigung) when selling the property before the loan ends.
Engelo Rumora ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
None of us like ultimatums or, "take it or leave it" offers either.It's better to offer them 2-3 options where you "win" no matter which they choose.Another great technique is to ask them an open-ended question(s) that gets them to see the challenge from your point of view.So, let's apply these to their requests:1) This is more common than you'd think.
Vonetta Booker Self-managing a property long-distance - any suggestions?
28 July 2024 | 25 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
Nancy Durso Why Use OPM (Other People's Money)?
26 July 2024 | 2 replies
Unfortunately, he made the common mistake of thinking he could borrow his way to wealth.
Account Closed A Great Tenant Can’t Make Rent
29 July 2024 | 40 replies
She is currently locked into a lease, but she will be $900 short on rent this month and she says it is getting harder to pay every month.The rising cost of pretty much everything is straining budgets, especially of your working tenants.I see "it is getting harder to pay every month" becoming more common
Allen Ramirez Taking over home mortgage from family member pros and cons.
25 July 2024 | 1 reply
(I already discussed this with a loan consultant)Going with scenario one, the pro is that I can charge a renter a reasonable amount seeing as the monthly is fixed at the lower interest rate.