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17 December 2024 | 17 replies
By the sounds of it you are going to have your work cut out for you.
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17 December 2024 | 29 replies
Someone has a gas stove and the new rental only has electricity; someone has a 33 in fridge and only a 30 in fridge fits; counter space is cut for slide in, not drop in; etc.
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11 December 2024 | 5 replies
Landlords in illinois for sfh rentals don't provide snow removal or lawn cutting so thats not an issue.
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9 December 2024 | 14 replies
We have cable or YouTube TV.Can't be cheap on this.We even advertise if someone else isn't offering cable channels what else are they cutting corners on?
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17 December 2024 | 16 replies
So as investing partners it makes sense because we will both have extra cash at the same time, we partner up to cut the risk in half + we both specialize in a couple things the other does not in terms of being a rental property owner (e.g. running the books + marketing vs actually fixing things).
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15 December 2024 | 18 replies
There is a range of DSCR lender underwriting policies for "1st time investors" - some don't allow it, some do with no restrictions, and some in the middle (typically cut max LTV by 5% or so and restrict against anything over 4 units)Also - check out these BiggerPockets articles for a ton of info about DSCR loans:DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
10 December 2024 | 2 replies
In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.
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13 December 2024 | 20 replies
"Not satisfied," isn't going to cut it.
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13 December 2024 | 13 replies
It's never worth it to cut corners on permitting because it will cost you far more in the long run.