
20 May 2024 | 1 reply
And let's face it, normal wear and tear is expensive between tenants.

22 May 2024 | 6 replies
It's important to track all your business expenses.

20 May 2024 | 6 replies
I believe I can help and still get paid.
20 May 2024 | 2 replies
I bought a duplex and have put $17500 down and paid $633 @ 2.5% for two years.

21 May 2024 | 12 replies
Hi Phil, When I have worked with Section 8 clients, I first contact their case worker & let them know a rent increase is imminent, in some cases the Housing Case worker will also send a letter of adjustment showing the "New Tenant Adjustment Rate" to be paid.

21 May 2024 | 4 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.

20 May 2024 | 6 replies
This is likely going to be your fastest and least expensive option.John

21 May 2024 | 9 replies
Painting houses a neutral color is the easiest and least expensive way to get houses rented or sold.

19 May 2024 | 8 replies
Also, if in the future I ever do need to redo the main line it'll be more expensive (L&M increases), I will have already likely spent thousand installing and maintaining the pump, and I'll have more tenants impacted by a sewer construction project (currently a 3 unit but will be a 5 unit at that time.)Help.

20 May 2024 | 11 replies
That is likely a small expense with regards to painting the house.