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10 July 2024 | 10 replies
Hey @Ethan Clay Lesperance, technically the lender could call the loan due for violating a possible clause in the loan agreement.I have been someone who has warned about this but so far, many folks have renting their former primary residences without issue with the lender.
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8 July 2024 | 0 replies
I'm interested in knowing what the 1) Townhome (TH) rental market AND 2) room rentals are like in Hyattsville, MD (20781) and College Park (20782), specifically: For TH and Individual rooms rentals:- The demographics of those who rent (e.g. students, starter families, commuters, etc.) and behaviors/preference.- Going rate for TH and individual rooms- Demand and saturation levels (how long does it take to rent), length of stay, etc.- Other market trends about the areas TH and individual room rentability - Frequency of renting versus selling in the areaI look forward to the insights you all share!
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5 July 2024 | 2 replies
Hi all - will anyone offer a general minimum for rent to price ratio?
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8 July 2024 | 9 replies
The three best strategies for house hacking right now in 2021 in Denver:1) Rent By Room - buy a large house (5+ bedrooms/3+ Bathrooms) and live in the master room and rent out all the other bedrooms.
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9 July 2024 | 2 replies
A family member is currently living upstairs and paying rent while the basement is vacant.I'd love to hear your ideas on how I could make the best use of the basement space.
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10 July 2024 | 7 replies
In my experience, good design is good business; building something with character stands out to potential tenants (increased rent) and helps lower vacancy rates.
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9 July 2024 | 3 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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8 July 2024 | 11 replies
Would the rent roll help with overcoming that hurdle?
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9 July 2024 | 4 replies
Also, if you hope to attract a national fast food chain, most retail developers will get a committment from them, or at least some type of LOI, up front to make sure that the chains would even be willing to have a store at that location, and what specs they would want/need for the building and how much rent they could pay, etc.
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6 July 2024 | 1 reply
How do I find an organization to turn my vacation rental into an assisted living facility or similar facility? I have a 9 bedroom house, 6 bath with a pool and hot tub.