Because they aren't traditional tenants in the sense with a 1 year lease and to determine fit for the house, I like to start everyone on 2-4 month leases and see how they perform.

Maintain accurate records to streamline applications.Call to Action:For anyone just starting, remember that building business credit is a marathon, not a sprint.

If a seller listed a home for $100,000 but was willng to sell for $94,000 as that was likely the FMV, it would be the same to him if he accepted $100,000 with a 6% seller credit or $94,000.I looked at the zip codes of lower priced homes in Memphis, Cleveland and Indianapolis and they appeared to perform betterMemphis38105 - Prices were $35,700 in 2016 and now $116,000(220%)38106 - Prices were $21,600 in 2016 and now $60,900(180%)Cleveland44108 - Prices were $34,000 in 2016 and now $59,800(74%)44104 - Prices were $36,300 in 2016 and now $60,400(66%)Indianapolis46201 - Prices were $42,900 in 2016 and now $149,000(247%)46222 - Prices were $39,000 in 2016 and now $127,000(225%)I should mention that I don't invest in Memphis, Cleveland or Indianapolis.

I'd like to see the templates others are using to accurately project Cash on Cash and Cash Flow. 

Would you say that is accurate and if so, would it be worth pursuing a conventional loan first because of the higher cost of a DSCR loan?

A borrower must choose his or her own contractors to perform the needed renovation.Ø All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.

A net rental income analysis will be performed to determine the net cashflow from each property.

All my units beat average occupancy without discounting rates, but the mission beach units are not performing like they were shortly before covid.  

I am looking to hire an established Denver firm to perform a cost segregation study on a rental.

Over the past few years, many groups have raised funds and acquired properties, promising investors impressive passive returns.But here’s the real question: how have these syndications actually performed?