
17 March 2024 | 3 replies
A ton of STR's opportunities include traveling nurses for hospitals, medical centers, and campus sights for OSU students.

17 March 2024 | 16 replies
Where could you invest that money for a better return when you include adjustment for tax-free?

17 March 2024 | 2 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

17 March 2024 | 4 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

17 March 2024 | 6 replies
The lease states: Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior sewer line.When preforming agreed upon repairs all the toilets were flushing and operating, not clogging.The tenant has been occupying the building for two months and emailed me yesterday saying that all the toilets were clogging.

17 March 2024 | 4 replies
Something like: when the foundation is finished, the framing, electric and plumbing are in, roofing and siding, etc They will usually hold back 20% or so until the house actually has cleared all permits including the final permit of occupancy.

16 March 2024 | 1 reply
Does the guideline for a monthly rent between 0.8% and 1.1% of the property's value include power, water, gas etc.?
17 March 2024 | 13 replies
I sent a property owner his financial report and I included my payout from airbnb in his numbers, mainly for him to see that we're not cheating him and he's getting his monies worth.

16 March 2024 | 5 replies
Do yall include a clause in your rental contract that states that when an appliance breaks, that you will have it resolved in a certain time frame?

17 March 2024 | 13 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.