27 May 2021 | 5 replies
With a mortgage payment you'll be able to itemize your personal deductions instead of taking the standard deduction, because your mortgage interest + DC income tax + property tax + PMI are all tax-deductible and will be greater than the standard deduction for a single person (maybe not in 2021 if you buy now, but definitely in 2022).
14 May 2021 | 3 replies
Get a home inspection on the property (this is pretty standard).

20 May 2021 | 5 replies
@Jason BartonI am a mortgage broker in Texas and have access to several lenders whom do DSCR loans.In a nutshell:Income, Employment, and DTI aren't a factor.It's all about the property, your cash down, and credit worthiness.The DSCR calculation is generally NOI/PITIA = DSCRSome lenders will go as low as .75% DSCR but will want more money down. 1.00% is the standard, some drop rate is over 1.25%.

25 May 2021 | 5 replies
I just bought my first storage facility, located by cold-calling facilities in the area and just asking if they would consider selling.

21 May 2021 | 28 replies
Property Management is spearheaded by excellent customer service, a standard that anyone you hire should hold themselves to by keeping an open line of communication between investors, residents, and property managers.

7 June 2022 | 9 replies
I am in NYC, this property is tremendous for NYC standards the problem with it is on the survey and street map, a line runs through it labeled "street widening".

17 May 2021 | 5 replies
Many realtor boards have a standard contract that already allows assignability so you don't even have to do anything.

14 May 2021 | 0 replies
Curious to know what the industry standard is, was informed by a few that it ranges anywhere from 10-20%. for that 10% difference is there a difference in service I should expect?

31 May 2021 | 108 replies
. :( That's unacceptable by any reasonable standards of inspection diligence, whatever they protest.

15 May 2021 | 8 replies
On the other hand, in NJ our pre-licensure is longer to allow us to "draft" contracts -- yeah, we just use the State Realtor vetted forms since the State has standardized the forms.