
20 February 2024 | 13 replies
Cost on a 10K sqft shell(not including land) should be around $75 sqft.

21 February 2024 | 14 replies
. :-)Lots of folks use tile in their homes Including my primary and rentals.

21 February 2024 | 14 replies
Wise investors are putting systems in place (including property managers and other service providers) so that these risks are mitigated without investor being involved.
21 February 2024 | 23 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
21 February 2024 | 51 replies
The tenant fills out their information online including their SSN for the company to run the check however as a landlord you do not get the SSN from the screening company just the background check.

20 February 2024 | 6 replies
Quote from @Jared Hottle: send them a link to the form through messenger What are the questions you included?

20 February 2024 | 4 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

21 February 2024 | 6 replies
Basically develop a Business plan that includes your Mission Statement; SWOT Analysis, Financial Analysis, Market Analysis,...

21 February 2024 | 6 replies
Plans need to include how to fund things and to have flexibility to deal some unknowns or uncontrollable things such as a tenant leaving or not paying. 1.