
17 June 2024 | 27 replies
For example if the rent is $1,000.00 per month they applicant must provide proof of income of at least $2,000.00 per month.

17 June 2024 | 5 replies
What are the income and expenses of the property?

15 June 2024 | 32 replies
If you qualify for REPS and own rentals, you unlock tons of tax benefits.

17 June 2024 | 11 replies
When I budget for maintenance, cap ex, and vacancy I take money from all income rents and put it into one pot that I manage.

20 June 2024 | 69 replies
I used to be very pro low income, but the reality is, it's hard, and most people can't take the amount of work/dedication it takes.I tell everyone, my saying for real estate "When it Rains, it Hurricanes!"

17 June 2024 | 16 replies
They have a report bills to credit angle.What will happen is that instead of you paying your bills directly, you pay tomo and they pay your bills and depending on how much you decide to pay them monthly they will report 1000 - 10000 in a type of credit line to credit reporting bureaus.There are a lot of these report bills to credit services available these days and most cost less than Tomo...Tomo Boost is the only one I mention because they can back up to 24 months... so if you've paying your cell, or Netflix or Electric Bill... literally any bill... they can back date up to 24 months.So... if you do both Tomo and Rent Reporters... inside of 30 Days you would have 2 accounts over 2 years old and your credit would be in a much better position for applying for a mortgageOne other thing that is worth mentioning is that INCOME is MUCH more important than credit when applying for a mortgage.

17 June 2024 | 2 replies
I contacted the power company, and they directed me to the tax assessor's office to inquire about obtaining a separate address for the pool house.

17 June 2024 | 11 replies
To know if they truly own the property, you would need to look up the tax rolls.

17 June 2024 | 0 replies
The first step toward this goal is for the city council to recognize the harm caused by maintaining a high commercial tax rate, which drives companies away from the city.Hopefully, we can explore more avenues to generate employment opportunities for Worcester residents, empowering them to work and sustain themselves.

17 June 2024 | 8 replies
I took out the LLC and contact info since I didn't ask if I could share it. too small. we stay in the single family, triplex, and then 150+ units and above 10 million in construction values to get to instittuuioal level capital and income. you need to underwrite 3 million dollar checks. he's probably raising from friends and families on his first deal but I wouldn't touch a deal with my own money without non recourse debt or a clear development plan and exit.