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26 February 2024 | 16 replies
If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.
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27 February 2024 | 15 replies
This is more of an HOA question because typically they are responsible for the exterior and now you would be making modifications.Regarding the ring camera, nowadays some might consider this a reasonable request.
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26 February 2024 | 13 replies
I'm thinking of suing for the $28,500 in rent we should receive in rent...but they're playing the "we're a non-profit serving veterans..." so either I am out $28,500 or I sue and become the guy who hates women veterans.
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26 February 2024 | 2 replies
My understanding is that military can receive an extension of the "must live in the home 2 out of 5 years" to 10 years.How does this work for taxes??
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26 February 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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26 February 2024 | 1 reply
Box to receive mail and also th have mail sent to the business address sent to the po and make sure that doesn’t cause any compliance issues with either state….
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26 February 2024 | 9 replies
For example, travel nurses and digital nomads are typically looking for very different property types than a family relocating to an area.
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26 February 2024 | 12 replies
We like to have the ability to walk away from a deal if something goes south and typically will use the finance contingency.
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26 February 2024 | 5 replies
Vitalii - Yes, I typically try and "triangulate" to an answer using multiple estimates, including rentometer, zillow, craigslist, etc...
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26 February 2024 | 2 replies
If a debtor in Chapter 13 wishes to sell an asset before completing the repayment plan, several factors come into play:Trustee Approval: The debtor typically needs approval from the bankruptcy trustee to sell an asset during the Chapter 13 plan.