Rance Smith
Crazy Chicago real estate Journey
12 December 2024 | 19 replies
Is this because you had a PM with insurance for this kind of thing or was this a clause in your individual building insurance policy?
Andy S.
Pet rent in New Jersey
9 December 2024 | 5 replies
You can do a "placement" fee when the individual first adds the animal, followed by a monthly fee.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.
Tyler Rabanus
DSCR Cash Out Refi Questions
15 December 2024 | 14 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
It's quite arduous attempting to sue an individual when you can't locate them and serve them.So if they have a good paying job, you can garnish wages or in the case of assets, you can put a lien on them and you'll get your money when they sell.
Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
20 December 2024 | 20 replies
Though if an individual were paying for her or himself, I’d say go with the home-study version for a fraction of the costs of the live seminar….
Timothy Franklin
Clarifying the wholesale transaction
15 December 2024 | 7 replies
Gray area interpretation up to individual courts which have rendered seemingly contradictory decisions.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.
Sushil Iyer
Re-financing separate properties as a group in a single loan
10 December 2024 | 22 replies
You are still far off better doing them individually, as many of these lenders may not allow for a partial release.
Marcus Auerbach
What does the new EPA initiative mean for landlords with lead water pipes?
15 December 2024 | 10 replies
Requiring the homeowner to replace the pipe individually would seem like a huge octopus of inspections and enforcements and etc.