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11 November 2024 | 11 replies
When you start leveraging 90%+ especially with today's higher rates and the high cost of multifamily's compared to their rents, the numbers turn upside down real quick.
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26 November 2024 | 2 replies
What’s the biggest red flag you watch for when vetting borrowers?
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12 November 2024 | 15 replies
The cost of the water heater is always the same.
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26 November 2024 | 5 replies
I believe that any losses you have in the stock market could offset rental income.On the other hand, the better solution is to not have any net rental income.
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26 November 2024 | 4 replies
I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.
26 November 2024 | 4 replies
They can finance the land, but not the mobile home.
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25 November 2024 | 11 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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10 November 2024 | 2 replies
I was recently looking into wholesaling in PA around the Wilkes-Barre area and was wondering about the overall laws and regulations.
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5 December 2024 | 4 replies
You’re not getting paid to buy it so it wouldn’t go through your broker but you better make sure you disclose you’re an agent to the homeowner in the contract.