Jessica Carcamo
When exploring Debt Service Coverage Ratio (DSCR) loans
3 February 2024 | 8 replies
In terms of residential investment properties, this is usually the rent/(PITI).
Logan M.
Here is where I have found each of my 8 Mobile Home Park Communities
3 February 2024 | 7 replies
HOA's don't allow rentals usually so seller financing is a work around or just buy the whole park
Yonna Wu
How to choose home warranty?
3 February 2024 | 3 replies
I recommend not getting it as it usually costs you more in the long run.
Miles Gastil
Locating Property Owner Addresses, Boise ID
3 February 2024 | 9 replies
Started with county tax parcel mapshttps://tax.idaho.gov/gis/parcelmaps.cfm- Choose state and then county ( I picked Ada County)- Searched by address or interactive map (I usually start with an address and then play around with the interactive map)For illustrative purposes, I searched for the following address:1750 E.
Huiping S.
Can I reject a tenant with a service dog in FL?
4 February 2024 | 58 replies
Usually, the prospective tenant tries to make everything sound as good as possible so by waffling about his landlord reference, he is revealing that there may be some problems there.
William Quinones
CITYfheps or Section 8
3 February 2024 | 9 replies
Here are some things to consider:Most of Cityfheps are coming directly from the shelter and with my experience it’s hard to vet them since they want to be out and you do not consider income and credit. in general they are not used to keep an apartment (recycling, cleaning etc…) since they do not have any responsibility at the shelter and some of them stay there for years.The city will mail you the payment and usually it’s twice a month.
Crystal Mendoza
Thoughts on subto deals
3 February 2024 | 3 replies
Good - No qualifying for loan, no personal liability for loan, possible low interest rate,Bad - Usual reasons seller willing to sell subject to are to obtain a higher sales price than for a sale requiring new loan, sell a property that doesn’t qualify for a new mortgage, sale an “unsaleable” property, or sell a property in poor condition.Ugly - Almost all mortgage loans have so called “due on sale or transfer” clauses, so many steps are needed to mitigate the risks of lender note acceleration.
Daria B.
Umbrella Insurance (rentals included in coverage)
3 February 2024 | 4 replies
So for instance the tenant slips and falls and wins $1,000,000 in court for your negligence as a landlord and your regular insurance policy only covers $250,000 then your umbrella policy should cover the extra $750,000 judgment against you.
Carlos Hidalgo
new to real estate invesrting, but not quire sure where to start
3 February 2024 | 1 reply
One thing to note is if you are looking for long term buy and hold, what is your private lenders interest rate as it is usually very difficult to get numbers to work on long term buy and hold when using private money.
Allan Smith
How do you manage your rentals remotely?
2 February 2024 | 22 replies
@Jeeten Afini trying NOT to be biased here, but hiring a PMC is usually the best option when you are not local to your rental(s).The challenge is finding a GREAT PMC, which most owners screw up by focusing on the cheapest instead of doing any real deep screening.Regarding batteries, the handyman or agent should be able to handle.