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30 December 2024 | 6 replies
Mixed-use properties that integrate residential units, co-working spaces, and retail areas with sustainable design elements are particularly appealing.
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9 January 2025 | 10 replies
They are one of the oldest and most vertically integrated turnkey companies in the country.
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28 January 2025 | 9 replies
HUD does not factor into the rent other amenities that might be included in the rent such as garage, basement, fieplace, central air, pool etc, that might command higher rent in the non-Section 8 market place.
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11 February 2025 | 20 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).
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26 January 2025 | 2 replies
Factors that affect hourly rate Job complexity: More complex jobs may cost more.Handyman's experience: Less experienced handymen may charge less.Region: Some regions have higher labor rates.Minimum charge: Some handymen may charge a minimum fee for small jobs.Mileage: Some handymen may charge a mileage fee for jobs outside their service area.What to expect to payA handyman may charge between $35 and $80 per hour.
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8 February 2025 | 9 replies
One of the biggest factors at play right now is data transparency among lenders, we can see a lot of the industry-wide trends.
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13 January 2025 | 10 replies
Most bookkeepers won’t work in it if you plan to outsource it in the future.QBO has every feature you need to run a business, excellent reporting features and integration with other software.
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22 January 2025 | 12 replies
Before finalizing a decision to sell, I thought I’d get some thoughts from the BP forumThe only obvious factor I know to try to head off a problem is to carefully screen applicants.
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21 January 2025 | 5 replies
There should always be timeline contingencies factored into each projects specifics.
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6 February 2025 | 42 replies
Focus on factors like affordability, growth potential, demand, and landlord-friendly regulations to guide your decision.Good luck!