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Results (10,000+)
Ilia Zakharav Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.
Joshua Kaufman Commercial Late Fee calculations
5 January 2025 | 3 replies
The least states:"Tenant shall pay a "late charge" not in excess of five (5%) percent of the amount in arrears for each month the arrears remain unpaid if any Rent is paid more than ten (10) days after the due date thereof, to cover the extra expense involved in handling delinquent payments.
Jonathan Greene If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
4) What do their places look like, how do they feature their professional pictures?
Becca F. Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Guillermo Perez Rate my first BRRRR
8 January 2025 | 22 replies
@Chris Kay finding a quality, cost-effective contractor is extremely difficult:(There are thousands of contractors that are great talkers, but rarely perform within budget.Standard bait & switch is to lowball a bid, then once they get started all sorts of things "pop up" that somehow their bid didn't cover.
Sakib Khan Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Paul H. Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
Condition, pictures, any financials they can provide.  
Alec Barnes How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability​. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
Marc Shin Airbnb first photo tips - what should be on the first photo?
31 December 2024 | 14 replies
Since you are splicing multiple pictures, why not show a good one of the game room and other other key parts of the house instead of all of the game room?
Dustin Calgaro Cash-out or partner on my 4 unit property in Costa Rica
11 January 2025 | 19 replies
Here are some pictures of the properties that I have there to get an idea of the style of properties that I have with parters.