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2 January 2025 | 2 replies
It couldn't hurt to call a couple attorneys right away to see what they say in terms of cost and suggestions for dealing with this quickly.In terms of mitigating any legal issues with your tenant be sure you are documenting every conversation you have had with the HOA in terms of asking them to make the necessary repairs.
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17 January 2025 | 9 replies
The $100-$300/month amount is just a generalization - but the point is, on a monthly basis you don't see a huge income per property - and you also have to absorb repair expenses and such as well.
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3 February 2025 | 26 replies
Do you offer 80% LTV on the full appraised value or is it limited to purchase price + repairs completed?
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8 January 2025 | 13 replies
It doesn't cover any loss of income due to your rental being repaired.
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22 January 2025 | 12 replies
Given that and some other characteristics, from what I'm told it would be in demand as far as rental applicants.Ideally, I would like the option to return to it.With repair estimate of 1% of purchase price and property management fees, it's pretty much a break even on the monthly overhead.
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7 January 2025 | 8 replies
I’d like more information on the DCSR lenders if anyone has specific recommendations.Also, if anyone needs advice or repairs/ replacement on plumbing feel free to send me a message!
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7 February 2025 | 49 replies
If your credit ****** you need to hit up creditrepair.com or some other credit repair company and work on getting yp to about a 680 or more with you learning from jerome.
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9 January 2025 | 11 replies
The DST is losing $ due to upkeep costs (foundation, HVAC, normal repairs, etc.).
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7 January 2025 | 0 replies
It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.
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10 February 2025 | 121 replies
Don't get me wrong: cash flow is still an important factor, it keeps the lights on, it pays for repairs and upgrades.