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10 January 2025 | 20 replies
Hey Eli –Given your situation, DSCR loans could be a solid path, especially if you're aiming to expand your portfolio.
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8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
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14 January 2025 | 27 replies
Last I heard, they were planning to expand - as far as I can tell they cannot handle their current workload.The tenant can complain about a problem for months before it is fixed.
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7 January 2025 | 16 replies
If parking is a no-go (more on this below), then I don't even look at the pictures on the MLS unless the driveway can be expanded if it's a multifamily I'd like to buy or helping a friend buy.
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2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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31 December 2024 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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19 January 2025 | 55 replies
The reason I mention Buildium is because their Growth plan can be more affordable than the second tier of Appfolio that you need to pay for to get access to the integrations.
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3 January 2025 | 7 replies
With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.
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30 December 2024 | 5 replies
Boston should be a great area to expand as there is plenty of investor-owned rental property.
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6 January 2025 | 31 replies
In 2023, we were looking to expand our rental portfolio, but couldn’t find anything in our area that made sense.