Benjamin Ying
First time investor needing some confidence!
30 January 2025 | 25 replies
You may not need to visit each property you buy in that area though.4) Unless you are buying Class A turnkey, you should have a PMC.5) See below copy & paste info:-----------------------------------------------------------------------------------------------------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?
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
I have also seen appraisers recognize that multiple ADUs by rule does not qualify for conventional F/f financing.
Miguel Del Mazo
Sale on new Furnished finder listing
10 January 2025 | 6 replies
I would love to benefit from the savings of grouping the listings as a primary with add-ons, but the last time I tried that, there were multiple issues on their end.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
These are just some of the additional items that will have a significant impact on carrier's rates, your premiums, and whether we start to see the insurance market soften anytime soon or not.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
30 January 2025 | 49 replies
@Fulati PaerhatiRecommend 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?
Daniel Medellin
Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Do not let this slide, even if the score impact is negligible.
Devin James
Listen to your clients & adjust accordingly
28 January 2025 | 0 replies
We’ve slowly been improving our homes the more we’ve built and the more feedback we get from our Buyers2021 – Added 8ft doors throughout the home2022 – Added a new elevation with stone in the front of the home2023 – NO carpet in the bedrooms, LVP throughout the home2024 – Added hurricane impact windows & new color options2025 – Adding Ceiling FansGotta be open to feedback and adjust accordinglyThis can be the difference of your home sitting on the market for 4 months vs 1 month
Evan Haas
New to the forum, hoping to get started with a multi-family
16 January 2025 | 11 replies
But it feels like if you keep cashing out equity on your properties to buy another, you end up with multiple properties but with your equity stretched really thin, like a house of cards ready to collapse.
David Brown
Section 8 Rental Payments Feb 1 2025 ??
28 January 2025 | 1 reply
Hi everyone - So with the declaration here by the administration regarding Federal funding how does this impact section 8 landlords.