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5 January 2025 | 4 replies
Gave him 10 months free space rent and paid for all his utility hookups.
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4 January 2025 | 7 replies
He left his belongings inside and later texted his intent to pick up his stuff.
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7 January 2025 | 27 replies
S8 standard voucher amounts INCLUDE all utilities.
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5 January 2025 | 17 replies
Need more information surrounding why your current lender is suggesting they cannot utilize the rental income on your investment property.
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4 January 2025 | 9 replies
We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!
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19 January 2025 | 51 replies
Ed (owner) finally stated that it is because payments are processed the night/morning AFTER the date in which the tenant picks.
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7 January 2025 | 13 replies
You can pick up a duplex in decent condition in a C-class neighborhood and hit the 1% rule
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5 February 2025 | 54 replies
Inventory is scarce, rights are high.You should definitely pick a market you know and can go to.
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5 January 2025 | 12 replies
.$8,981 mortgage at 7%$2,918 expenses monthly 33.38% of Gross rental income (Prop mgt, maintenance reserve, utilities, Prop Taxes, Insurance, other)$6,852 NOI/monthly ($2,129) negative monthly cash flow..Same scenario with 50% down, $864 positive monthly cash flowNot saying it's the best use of capital or the only way to do it, instead providing an example using an available market opportunity to share what the numbers look like.
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3 January 2025 | 7 replies
There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.