Austin Fowler
Property 8, 100% financed
22 December 2022 | 120 replies
I would buy a business - health/life/group insurance (which is what I run in addition to my W2 and RE), a carwash business.
Kashif Ali Khan
Tenants left house with bad dog urine smell. Fix?
19 April 2023 | 29 replies
It's essential to address this problem promptly to ensure the health and well-being of your new tenants and maintain the value of your property.Here are a few recommendations you could consider:Deep Cleaning: Start by performing a thorough deep cleaning of the affected areas.
Centhia Brown
what do you do everyday for your business
9 February 2021 | 4 replies
This has more to do with my health journey than anything else, but it absolutely helps with every aspect of my life.
Account Closed
Cheap property vs. good deal
28 January 2014 | 3 replies
I'll use some numbers for illustration, but they may have no relevance to your market, so bear with me.If you find a 25k property in an area full of houses for the same or similar prices, that's a cheap house.
Eyal I.
Construction loan refi
20 April 2023 | 11 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 = $350Insurance = $100Association 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 = $250Insurance = $100Association Dues = $25Total PITIA = $1875Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23Lender terms and fees vary widely.
Mark Cios
Seller Paying Downpayment?
18 May 2021 | 13 replies
The good ones will focus on the health of your running business and proposed future, if that looks strong a lot of these small banks will hop on board.
Nessa Lyn
Advice needing on w2 jobs
11 April 2023 | 4 replies
My previous work experience in Mental Health (9 yrs) My questions are:1.
Pierre E.
Looking for Help for Cost Segregation Study in DC
14 April 2023 | 5 replies
A cost seg illustration/report can not fully capture how your personal taxes will be impacted by cost segregation and Michael's posts will make you an informed consumer of tax services.
Ben Capone
Unpermitted Multi-family Purchase Risks
8 March 2023 | 11 replies
The reason I ask is SB13 has text that would protect one unpermitted unit for up to 5 years if there is no health or safety issues with the unit.
Ainsley Logan
Multifamily investment not working out, advice please!!
2 March 2023 | 15 replies
We currently only own two multi-family, and while they're under one LLC, I still track what each one is bringing in/costing me, so I can better evaluate the health of each individual property.