
11 January 2025 | 12 replies
I don't know the names of any but people on these boards use and could recommend one to you.

29 December 2024 | 2 replies
Quote from @Paul Gupta: Hi, in California, For jobs requiring a license, there was CSLB (contractor state licensing board) which would give either a General Contractor license, or specialty licenses by trade (~60 specialties such as concrete, welding tile, ) https://www.cslb.ca.gov/about_us/library/licensing_classific...My Q: does Maryland and DC area have similar requirements?

1 January 2025 | 4 replies
As already mentioned, he wouldn't be able to use rent from roommates to help qualify but based on the numbers you shared there should be a VA option available considering how much flexibility there is.

30 December 2024 | 15 replies
@Stephanie Jacobson it will only encourage and reward slumlords who don’t put a dime into their properties or properties they buy because they charge cheap rent.These properties usually become so untenable that they become vacant and boarded up.

8 January 2025 | 20 replies
The goal is to rehab this house then rent it to a qualified tenant until my fathers passing, at that time he has it in the will that the property is to be sold and then the profits are to be divided up between the family.

8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.

7 January 2025 | 16 replies
We also allow removal of a tenant from a lease as long as the tenant group is in good standing, and the remaining tenants qualify again based on their combined income.

1 January 2025 | 4 replies
I would like to qualify for a BRRRR after everything is finish.Thank in advance for the information.

2 January 2025 | 15 replies
I know I can easily find a qualifying tenant who will pay $1,000 per month if I don't renew a lease with the existing tenant.

31 December 2024 | 3 replies
This is due to bonus depreciation which allows taxpayers to deduct 100% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.