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3 February 2022 | 1 reply
Do you pay for utilities or HOA?
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2 February 2022 | 4 replies
List that I've personallly used or have heard others utilize include, BiggerPockets, Deal Check, Rental Software, Valuate, Real Data, and Calculator.net.
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2 February 2022 | 10 replies
So my second answer would be put a tenant in it. 88k gross on short term includes cleaning and utilities.
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3 February 2022 | 5 replies
This simple house hack will be your training wheels to get used to all the moving parts of real estate (utilities, taxes, insurance, appreciation, depreciation, cash flow, etc).
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1 February 2022 | 5 replies
Non-QM products will allow you to keep the transactions within your LLC: DSCR, bank statement loans, asset utilization, etc...
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11 February 2022 | 4 replies
It also includes people walking in/out which results in heat loss.I recommend you contact the utility company.
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2 February 2022 | 2 replies
If there are any unrecorded liens (ie code infractions, unpaid utilities, etc) you'll be responsible for these
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1 February 2022 | 1 reply
Many pushing land trusts went further, incorrectly claiming that utilizing a land trust for ownership of a property would not trigger the due on sale clause in mortgage notes if the land trust itself was transferred (sold), and therefore mortgage assumptions and subject to sales wouldn’t have the threat of mortgage note acceleration hanging over the transaction.
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2 February 2022 | 8 replies
Property taxes, insurance, utilities, lawn care/snow, debt service are all holding costs you need to account for.
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9 February 2022 | 2 replies
You'll be the legal owner and will be collecting rental income, so I think you will be able to utilize the common strategies of depreciating the property and CapEx, expensing repairs and other property-related out of pocket costs, as well as interest on the mortgage loan.