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15 November 2024 | 8 replies
As a dedicated and hell of an agent, I find this approach is weighing me down with excessive work.Even as an investor, I struggle to understand their strategy which wasn't disclosed until after the fact (signed rep agreement) three weeks in.
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14 November 2024 | 10 replies
If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants.
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14 November 2024 | 11 replies
and of course a lot of DSCR loans are quote with a 5 year pre-payment penalty which of course can be VERY expensive if you have a 5 year flat 5% PPP and either rates drop or market conditions are such that you would like to sell the property. 5% of 300k for example would be 15k.
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14 November 2024 | 8 replies
I'm in Chicago and was just curious where your 4-flat is located here?
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13 November 2024 | 7 replies
MInut has a low average review (mid-3s I think) on Amazon which is a bit of a red flag. 1 per room at a total of $60/month sounds excessive for something that is not likely to be a common occurrence.
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13 November 2024 | 5 replies
No underlayment was needed, but the floors have to be pretty flat for an easy install.
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13 November 2024 | 7 replies
Boise continues to grow so, this excess supply of rentals will be absorbed over time.
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17 November 2024 | 30 replies
By default depreciation is straight line taking a flat amount per year based on the expected life of what you are depreciating.
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13 November 2024 | 14 replies
They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions.
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12 November 2024 | 1 reply
Be mindful of Excess Business Loss rules3.