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6 January 2025 | 31 replies
However, we did have a tenant who stopped paying, and because of how impacted the eviction courts were, it took 6 months for him to get evicted.
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15 January 2025 | 49 replies
The ongoing issues are seriously impacting my financial tracking, and it’s disappointing, especially when other budgeting apps using third-party services seem to have no trouble with reliable syncing.I’ve been looking into alternatives like REIHub.
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14 January 2025 | 10 replies
@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 January 2025 | 12 replies
@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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15 January 2025 | 18 replies
Theres a calcuation to make there to see how that. impacts your net return.2.
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3 January 2025 | 3 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.
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12 February 2025 | 179 replies
Not sure if that’s because I’m lower in the pecking order or if they are telling all investors it will be the later date.I’m also concerned with the potential impact on building costs.
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24 January 2025 | 36 replies
Just remember to factor in management fees, vacancy rates, maintenance, and capital expenditures, as these can really impact your cash flow.
31 December 2024 | 8 replies
Either would be a great option; I'd probably choose Roseville because it's more established, but the City of Elk Grove deserves a lot of credit for its impactful growth programs, so it wouldn't be a bad option.
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10 January 2025 | 20 replies
Down payments on DSCR purchases can be as low as 15% right now, and as you noted, they don’t impact your DTI.