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11 April 2024 | 3 replies
And many believe, myself included, that if the Federal Reserve sees a trend up in inflation, they will be less inclined to lower interest rates.
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10 April 2024 | 6 replies
He is responsible for the documentation, which includes a letter from the IRS, and he administrates everything for us including periodic paperwork updates.
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10 April 2024 | 56 replies
However, over time, I've learned that getting the SEO and other ranking factors to work right, you need someone who knows that well.
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10 April 2024 | 4 replies
I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.
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10 April 2024 | 3 replies
For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it isn’t available for rent.Vacant rental propertyIf you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant.
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10 April 2024 | 3 replies
I invest in a wide variety of assets, but my on-market team does mostly residential, including multis, and we do commercial, just not commercial leasing so you can hybridize it.
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10 April 2024 | 14 replies
If you cannot advertise the home with the increased number of "bedrooms" maybe you could list the property with the number of "rooms" to include the sizes.
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11 April 2024 | 7 replies
This saves time and hassle for everyone involved, including your realtor.
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8 April 2024 | 35 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.
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8 April 2024 | 51 replies
What Zillow is good for is you can search for sold comps, including what has sold off market.