Coty B Lunn
Residential vs Commercial Real Estate
25 June 2024 | 2 replies
Here are some considerations for commercial real estate:Higher Income Potential: Commercial properties often generate higher rental income compared to residential properties, especially in prime locations.Longer Leases: Commercial leases tend to be longer (5-10 years or more), providing more stable cash flow and less frequent turnover.Tenant Diversity: Depending on the property type, you can diversify your tenant base, spreading risk across multiple businesses or corporations.Market Dynamics: Commercial real estate can be more sensitive to economic cycles and local market conditions, requiring a deeper understanding of business trends and tenant industries.Purchasing: Generally, commercial real estate will require 20% down.Choosing Between the Two:When deciding between commercial and residential real estate, consider these factors:Investment Goals: Are you looking for steady rental income, long-term appreciation, or both?
Bob Asad
Would You Still Buy SFH If It Lost You Money MoM?
27 June 2024 | 26 replies
I am buying the home for possible future relocation/frequent retirement visits, new residency/tax filing, and because my sister lives there.
Ray Loveless
Is Ohio a landlord friendly state?
27 June 2024 | 47 replies
I don’t think you can narrow down Cincinnati by zip codes and more have to focus on the area as some zip codes can have a variety of areas.
Mary Jay
Do you rent to people with bad credit?
26 June 2024 | 17 replies
Someone could have bad credit, but good landlord references, strong income or employment history, etc.I score based on a variety of criteria, determine the level of risk, and then charge a higher deposit to offset that risk.
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
28 June 2024 | 21 replies
What tactics would you use with your spouse to get him or her interested in sharing a too-big house with nice people you choose that you may not even see frequently in order to pay a very low monthly net rent and maximize the ROI on your primary residence rehab?
Michelle Borg
Is Philadelphia a good long term investment market
24 June 2024 | 11 replies
I run the FB group Philadelphia Landlords Connect -2000+ small investors who have a variety of experiences that they share and help each other to find good contractors, navigate city laws...
David Pittman
Becoming a Mortgage lender
25 June 2024 | 4 replies
Alternatively there are several 'plug & play' national brokerage that allow you to work with a variety of up to 100+ banks/lenders but the challenge is again sort of being on your own when it comes to processing, disclosing and closing.
AJ Wong
How to finance multifamily 5-8 units without income: Common terms and guidelines
24 June 2024 | 4 replies
Good post - would only add a small tweak on Multifamily DSCR - started as 5-8 but now stretching to 9 or 10 units in some places (i've been surprised how much this matters - see quite a few deals on the nine or ten unit variety that only work with DSCR).
Flavio Vela
JWB Real Estate Cpital
25 June 2024 | 37 replies
There is never any pressure to buy, and they offer a variety of consulting platforms to guide a potential owner through the process of purchasing passive real estate in Jacksonville, Florida.
Drew Vrska
New Real Estate Investor
24 June 2024 | 4 replies
This is considered a personal home - even though it has rental income, so you only have to have 3.5% down frequently, not the 20% down it takes to buy a true investment property.