Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I'll underscore a couple of points.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
6 January 2025 | 17 replies
At least the return is beating historical S&P by a couple of percentage points.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
A couple developers we work with skip LIHTC and the tax credits and go the route of impact funds to help alongside other debt and sometimes equity.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
16 January 2025 | 5 replies
There are a couple of thoughts:1.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Quote from @Sarah Kensinger: So many answers that you're probably more confused than not.
Gregory Schwartz
What is a good occupancy rate for MTR
9 January 2025 | 8 replies
For example, I stay 99% occupied with my MTRs - the only vacancies are planned vacancies when I need a couple of days for a turnover.
Roman Balmakov
Should I Buy a Cashflowing Multi-Family That has Permit Issues?
17 January 2025 | 7 replies
My question is why you want to bring it up to code, other than just to feel good or improve your exit strategy?
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
Quote from @Bailey Rentz: I've used Stessa for a couple years and I just can't take it anymore.