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11 April 2024 | 10 replies
If you are going to be financing the remainder, then that payment will be included in your DTI.I always tell my clients this: you need to qualify based on 1) income 2) assets and 3) credit.
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11 April 2024 | 2 replies
So far it has been a little over six months with an average net income of $350+ a month.
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11 April 2024 | 7 replies
I imagine Airbnb (the company) has their own wifi.Wifi router just takes the incoming internet signal from a modem (cable or otherwise) unless you have a combo unit.If you have a hardwired incoming internet cable then you can use almost any wifi device.
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11 April 2024 | 4 replies
Or rolling that profit into another property(s) to obtain more rental properties to increase monthly income?
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9 April 2024 | 4 replies
She came out of a recent divorce with close to $1M liquid and a credit score in the 800's, has history as a successful GC/landlady, but after liquidating her previous rental properties due to divorce 2 years ago, no longer has recent income.
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10 April 2024 | 0 replies
Now when I see the law AB 1482, it says single family home not owned by a corporation is exempted from rent control provided they give notice of exemption (and the line in CAR form says, tickmark Notice of Exemption for notice to be in effect which we did not)The property will come to market for rent in month of July.
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9 April 2024 | 0 replies
Is it possible to use the projected income of a str property built in 2024 and use that income to help qualify for a heloc on another property
9 April 2024 | 5 replies
Starting my wholesale journey right now :)I have some experience in buying real estate for rentals and flips.As a rule I made for myself, I won't work in areas where I know crime levels are high and are generally low income areas, becasue I know how hard it is to sell them (if its a fix & flips) or rent them.Nowadays I'm looking into starting my wholesale business and was curious about that...Does it matter for the cash buyers?
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11 April 2024 | 24 replies
That is about right for pricing, IMO this whole lead thing is a total scam, just and income generator for the city
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12 April 2024 | 8 replies
It could mean that the neighborhood is gentrifying, if it was a lower income neighborhood in the past.