Jacob Zivanovich
Can I Just Use Any Rental Application? Next Steps?
24 July 2024 | 6 replies
You are getting good advice.I use a PM now, but when we were self managing we used the application our screening company provided with an additional page of additional questions I wanted to ask to support my screening point system.I ask more about address history, I want to know how familiar they are with our neighborhood and how long they stay on average.
Ashley Harris
House hacking for Beginners in Pittsburgh
22 July 2024 | 10 replies
My house hacking criteria for the last few I have done has been to buy the most expensive 3-4 unit I could with it still at least breaking even after all expenses as a long term rental.
David Kohutynski
Japan capital gains tax strategies for US held rental property
24 July 2024 | 2 replies
I know a couple of Americans who have gone so far as to repatriate to the US for a couple of years - long enough to no longer be a "tax resident" under the J tax regime - in order to complete a shuffling/1031 rebalancing of their US portfolios.
Ryan Brown
What to do if tenants stop paying…
22 July 2024 | 8 replies
Sometimes, having a reliable tenant stick around long-term is more valuable than pushing for an extra $100 a month.
Frank Yaccarino
Del Walmsley lifestyles unlimited
26 July 2024 | 25 replies
Oh, and the rogue syndicator who took advantage of us all was a darling of theirs (LU's) only a year before he "broke bad", and had subscribers from some of the long-time, experienced passive investors in the group, including a mentor or two and the executive vice president, herself!
Ryan Thoma
Own land, seeking financing to build STR
22 July 2024 | 9 replies
I am looking to build a SFR for short-term rental, would be my first-time new build.I have engineer plans for well and wastewater stamped by the state of VT for up to 4 bedrooms.
Tom Albares
[Calc Review] Help me analyze this deal
24 July 2024 | 1 reply
High paying local jobs.Monthly cash flow: $306 /moIncome: $2,250 /moExpenses: $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91% Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%
Sunghee Shin
Section 8 Investment in Detroit Michigan
22 July 2024 | 38 replies
It would be in line with the typical theory that sfh are going to generally get a more long term, serious, “pride of ownership” type resident..but it’s not always the case…good screening is a better strategy than avoiding mf..in my opinion
Laura Au
Fix N Flip to Fund Business
25 July 2024 | 11 replies
Otherwise, I would start off from the goal - since you're looking to BRRRR down the line, what is an area you'd like to hold the most in the long run?
William Ladd
VA HOME LOAN
24 July 2024 | 7 replies
Putting this on your taxes will help you in the long run.5.