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15 October 2024 | 26 replies
Concentrate on making first the hundreds of thousands in equity (owned equity, not financed property!)
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20 October 2024 | 84 replies
I have no doubt they are collecting hundreds more per month, per property than I would have been.
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17 October 2024 | 23 replies
I wouldn't call that a true "DSCR Loan" - especially considering that a ground-up construction property won't have any cash flow so DSCR would be negative or 0 numerator if you'd try to calculate it ground up multifamily is not 0 cashflow there are hundreds of thousands of apartments built every year, leased up, and sold for a profit as well. we build not only at a discount for investors but 1% on infill lots I'd be really careful with all your absolutes. you can get land for 10k in columbus on lots you can build 2-4 units on in one of the cheapest construction markets in the country.
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11 October 2024 | 5 replies
I have tried to find potential syndicators by literally tracking down who bought apartments that I see clearly have new owners... but in each case, to date, the new owner appears to not be open to outside investors (and so far no local outfits), so that's not working out.Kurt, due to my industry expertise, I have a very wide network, and work with hundreds of syndicators nationwide.
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11 October 2024 | 11 replies
It may cost you a few hundred, and if it goes the full distance maybe up to 2 or 3k.Don't let this go on any longer, get an eviction attorney now!
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9 October 2024 | 28 replies
Hotels and fitness centers handle hundreds and hundreds of users between cleanings.1.
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11 October 2024 | 13 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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9 October 2024 | 8 replies
Over the months it will take them to catch up this will save them several hundred in fees but I am also collecting that balance.
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16 October 2024 | 25 replies
As for refinancing, it is generally possible, but evaluating the costs, including closing fees and any additional points, is key.As a side note, you are obviously concerned about interest rate, and this can make a difference of hundreds dollars per month, but I see clients with properties where the monthly lease is 2x the monthly mortgage payment.
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11 October 2024 | 7 replies
While this guide provides a detailed procedure for conducting a property title search, its purpose is to help you avoid the significant expense of conducting title searches on hundreds of properties.