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29 January 2025 | 5 replies
I picked a mentor and a team to follow and the rest worked out
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24 January 2025 | 7 replies
I am currently 21 years old and was recently hired with my dream job in Sarasota County (I saw that Sarasota wasn’t an option so I picked the closest.)
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22 January 2025 | 22 replies
Not sure where you picked that up from, but it's not correct.
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28 January 2025 | 5 replies
One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.
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7 February 2025 | 7 replies
You have to follow the interest tracing rules to determine the deductibility of interest.
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18 February 2025 | 148 replies
Pending redemption requests will remain in queue until the Company recommences the redemption program.The Board intends to reassess this decision to determine whether to recommence the redemption program no later than January 1, 2025."
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29 January 2025 | 8 replies
One question that I'm pondering is, even with the positive growth, how do I determine rental demand in the area?
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21 January 2025 | 3 replies
I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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18 February 2025 | 21 replies
December is the worst month to try to rent the property.Who determined the rent price?
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31 January 2025 | 7 replies
@Mindy PerryReally doesn't matter what software you pick as long as it has the features you want.Two biggest challenges with ALL software:1) None are perfect, so deal with the tradeoffs2) Most users rarely put in enough time to really understand how to utilize the software.