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Results (10,000+)
Jonathan Small 50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
Though at 1525/mth it is projected to cashflow a little less than 100/mth  -- the numbers do not include what I like to call reality numbers (vacancy loss, maintenance, capex reserves).
Mary Holland Hey everyone! Has anyone here gone through the application process for DSCR loans?
1 February 2025 | 8 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).
Daniel Baker Questions to ask.
1 February 2025 | 9 replies
How much do they charge and what's included?
Rebeca Moreno Buying my first multi-family unit
17 January 2025 | 9 replies
I'm sure many here, including myself, would be happy to discuss potential opportunities with you.
Mitch Davidson New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
This is a common theme across the country with many municipalities enacting similar restrictions including where I am located in Philadelphia. 
Christopher Heidrich Stuck in analysis paralysis and in the military
30 January 2025 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Henry Jay New to Investing in Real-estate
14 January 2025 | 3 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Jeremy Beland A Hard Lesson Learned from Our 2022 "Scary House" Flip
16 January 2025 | 16 replies
You have to include the cost of your time and the work, especially on a "scary house" is daunting indeed. 
Devan Praska Anyone Use/Make a "Homeowner's Manual" For Single-Family Home?
5 January 2025 | 5 replies
I think it's great as it includes warranty information for appliances, type of hvac filter, light bulbs and general maintenance etc 
Dena Sommers Partial Owner Financing Question
15 January 2025 | 2 replies
Don’t forget to include the cost of the loan servicer.