Analyze properties using deal calculators and build a small team with a reliable real estate agent, contractor, and lender familiar with the Philly market.Good luck!

I see firsthand how crucial it is for owners to stay vigilant and informed about how their rent is calculated—both during initial lease-ups and at the time of rent increases.I can’t believe this is happening, but I’m here to ensure you receive the rent you truly deserve. 

The Mortgagee must use the current subsidy rate to calculate the Effective Income 

Have your realtor pull the tax records and you can see the difference between the SEV and Taxable value to do the calculation.

Excellent point on the IRR, I haven’t built my spreadsheet out to accurately calculate that yet but I know it’s pretty high for the SoCal properties.

If you want to see the original booking length, you might need to look for a column like "nights_booked" (if it's included) or calculate it by combining "nights" and "m_nights_altered" values to get the initial booking duration.This setup allows you to track changes in bookings over time, which can be especially useful for analyzing trends in stay modifications.

Shannon,So, does this coverage contribute to and dictate the calculation of your rental price? 

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

If that is the case, are they using your actual rental rates to calculate the DSCR or the figures the appraiser determined?

Also, I'd be curious to see the underwriting of how you calculated the $2800 figure.