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18 June 2024 | 4 replies
Cost on your sewer and water hookup.Scope the sewer see if it needs replaced.
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21 June 2024 | 11 replies
In this same deal, the investor would need to come with 15% plus closing costs and let's call it 17k.
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20 June 2024 | 5 replies
My partner will be general contracting at no cost, although he will be paying a few key 1099’s and contractors .
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18 June 2024 | 6 replies
If the loan is valued by the rents how do I calculate for the arv.Example6 Unit Property Cost - 850,000CURRENT RENT - 5,300ARV - ?
21 June 2024 | 10 replies
If you’re not going to make the smart move of selling tax free, and make the questionable move of being a landlord in Ca just because you already own the home…A) No LLC, it won’t help with taxes, liability, or anonymity but it will increase the cost of insurance, taxes, and any financing (and maybe the bank calls the current mortgage due.)B) Get an umbrella policy if you are worth more than $1M, maybe $500k C) Don’t even THiNK about doing this yourself.
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21 June 2024 | 5 replies
I do like the smaller properties because occupancy tends to stay pretty high and consistence and costs generally are low, but I know we are also missing out on the really great returns on some of the larger properties.
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18 June 2024 | 8 replies
We have learned a ton and I want thousands of units one day but for now just trying what to do next with this one. ok so the issue is that home was built in 1932 and the heating is an issue in the winter and the heating costs are really high for the tenants.
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21 June 2024 | 1 reply
VA assistants has dramatically reduced our work in the business and provided 24/7 monitoring for a fraction of the cost of local property management.
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21 June 2024 | 4 replies
Here's some more context:Rehab cost about 30k.
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19 June 2024 | 4 replies
The process usually goes like this:Rental Listing -> Landlord and Prospective Tenant fill out and submit RTA -> Voucher office performs Affordability Study -> Landlord approves estimated rent amount -> Property Inspection -> Approval of Property by Voucher Office -> Lease & Move-InThe section 8 process in/around Baltimore and Baltimore County does take a long time these days.