
18 January 2025 | 18 replies
These days the hardest part for me is finding & keeping qualified contractors for the work that always needs to be done.

18 January 2025 | 21 replies
Typically with houses of this age - you'll need structural folks to dig and install piers into the soil.

29 January 2025 | 11 replies
Other cities, not so much!

24 January 2025 | 4 replies
Probably not much of a change due to Trump.

16 January 2025 | 20 replies
Quote from @Brandi Jefferson: Hi Jaycee,Tampa doesn't have much inventory on MF, so I'm starting my research outside my market, and learning what I would need to make that happen, since house hacking is likely not an option.

30 January 2025 | 2 replies
I'm needing to redo some foundation work and stucco on a garage conversion ADU in Long Beach.

27 January 2025 | 21 replies
You always need eyes on your properties, someone acting as a caretaker.

30 January 2025 | 10 replies
I'm open to deals that need rehab but I'd rather find something that's up and running and that may only need minor fixes or rent increases.Do you have any property like what I'm looking for?

20 January 2025 | 7 replies
Probably not enough the IRA to own real estate given reserves needed and such.

19 January 2025 | 18 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).