Account Closed
Tenant no responding to rental raise
25 April 2024 | 60 replies
I lost so much $ because I had to completely rehab the whole unit because it was so gross.- but the total eviction was only 2k , not counting loss of rent. another eviction is the last thing I want.
Michael Caldwell
Do any DSCR lenders appraise based on rent?
24 April 2024 | 7 replies
So I think what you're asking here is how an appraiser would value your property. if it's five or more units, it is quite likely the appraisal would be based on cash flow and Rental income.
Tyler Wade
Anyone have a company or person they recommend?
24 April 2024 | 0 replies
I am looking to have a fan installed in the bathroom of one of my units however there is no switch in the bathroom so I would also need that done, I was wondering if anyone has recommendations for contractors.
Joy D.
Garage Conversion to Living Space
21 April 2024 | 41 replies
You can buy these little meters that attach to your sub panel, if you want to know how much elec the unit is using.
Raj Patel
Cash flowing with DSCR?
24 April 2024 | 7 replies
I focus on 1-4 units in the Cleveland, Ohio market.
Craig Ancier
How did you start in real estate investing
26 April 2024 | 40 replies
bought my first house, a triplex and then bought 3 more properties (6 units) within two years.
Vittal Premachandran
Solar Tax Credit While House Hacking
21 April 2024 | 1 reply
- Since a portion of the house will be a STR, can I bonus depreciate the solar panel installation?
Brian Jasinski
First Time Buyer Loan Question
24 April 2024 | 5 replies
Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housing loan option for first time buyers.Would be purchasing as an owner occupied "primary residence", rates are decent under both options.Condo is currently rented, tenant lease expires the end of August - roughly 4 months.Lender says both loan programs require buyer to occupy the unit within 60 days, to qualify for first time buyer deals.Is there a way to get them to extend this to 120 days (4 months) until the tenant lease is up?
Junaid Javaid
Travelling to Houston to network with Investors, developers, lenders, etc.
24 April 2024 | 3 replies
I am a Real Estate Developer and multi-family investor based in Toronto, Canada, with over a decade of experience in these asset classes and a portfolio spanning 900+ units.
Tori Trent
Do you keep or reinvest a property that's not quite cash flowing?
26 April 2024 | 21 replies
However, we want it to at least break even when we move out and rent out all the units.