Alecia Loveless
Income Requirements for Section 8 Tenants
11 October 2024 | 2 replies
Their voucher covers the entirety of the rent but I’m curious what type of income I should require for approval as what they report for their monthly income is so much less than I would normally require which is 3X the rent.
Raymond Scirrotto Jr
Aspiring Real Estate Investor
11 October 2024 | 6 replies
And don't worry about setbacks; they're a normal part of the process.
Brian Carmichael
Sell all real estate in IRA account
10 October 2024 | 5 replies
A traditional IRA pays taxes when you withdraw month at your normal income tax rate which is generally higher than the normal capital gains rate.
Alex Todd
REPS status scenario + underwriting paper losses
9 October 2024 | 9 replies
This could have three fold impact ---> allow for writing off paper losses against W2 income, increase the property value by increasing monthly rent, and all the normal cash flow benefits for RE...right?
Account Closed
12 Questions to Ask Tenant References
11 October 2024 | 1 reply
How much of the rent did the tenant normally pay?
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Commercial banks like to see low leverage and they love paid for assets :)But if your W 2 and a mom and pop land lord getting your normal debt those are all computer driven formulas and there is not a big focus on balance sheet.
Saurabh Patel
Property Maanger stole my money - Tenant deposits and one month rent
10 October 2024 | 6 replies
Normally, the broker is responsible for all actions taken by their agents and property managers.
Mark M.
Ratio Utility Billing System (RUBS)
13 October 2024 | 54 replies
Independently documented saving in water and sewer use is 25 to 35% is the normal.
Hieu Bui
Estimating rehab cost for a duplex
11 October 2024 | 26 replies
Normally I put the property under contract with a real rough estimate.