Mary Jay
Fix and flip/construction loans
8 November 2024 | 3 replies
hi guys,I have saved a 20% downpayment a property but struggling to save the remaining 65K for fixing the property up.Example, the property cost 150K, I saved up 35k, but struggling to save up an additional 65K to do the rehab (my understanding the lender will not give me the rehab money right away, I have to pay my own money to start rehabbing and the lender then will reimburse me in stages the rehab portion)Correct?
Brody Veilleux
Cash flow is tax free??
7 November 2024 | 8 replies
What I’ve found out on my own is that your net operating income includes the portion of money you set aside for vacancies, maintenance, and cap ex.
Anne Christensen
Investing in Pittsburgh?
8 November 2024 | 18 replies
A variety of unit sizes would work, but up to 100 doors is possible for us, I believe.
Jessie MacDonald
Renting to someone on an income rental assistance program??
7 November 2024 | 3 replies
They are more likely to not pay there portion of the rent, more likely to destroy your house, and more likely to squat / drag out an eviction process as long as humanly possible.
Jamie O'Connell
Section 8 - My Experience Two Years In
7 November 2024 | 45 replies
They typically do not pay their portion of the rent, do not stay very long and without fail trash the property.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
Get their T12 and rent roll to see what costs they currently have.For loans, it depends upon the size.
Anna Catron
Build To Rent Calculator Tool??
3 November 2024 | 6 replies
To me, it looks like the BRRRR calculator and Rehab calculator would help supplement the missing rental portion.
Christos Poneres
Mid-term rentals Jacksonville, FL
7 November 2024 | 2 replies
Our property management company manages over 500 units all around Jacksonville with a good portion in the Southside area.
Derek Bell
Expanding PEMB for increased NOI
1 November 2024 | 3 replies
Has anyone ever tried to increase the size of a PEMB?
Brody Veilleux
Investment Strategy Opinions
3 November 2024 | 2 replies
Rent out a unit and live for the remaining year, likely paying oop for a portion of debt service or operating expenses• Holding costs have been recouped, then save remaining funds, after my oop costs, for remainder of the year or until desired saving fund reached7.