Carson Plant
Tenant goes to jail and leave dog
21 February 2019 | 12 replies
Assuming the lease has written terms on the topic, or the laws defines abandonment timelines, I would have given abandonment notice, had the pet picked up by animal control, locked the door and waited per the law before tossing is belongings.You can summon anyone to court that is in jail/prison, the police will just serve them in their cell, and deliver them to the court hearing.You really need to take some time and read over the landlord laws for your state: https://www.tn.gov/health/cedep/environmental/healthy-homes/hh/renters.html
Blake Phillips
DSCR loan, looking for options
10 January 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Logan Ryan
POV - Why do you believe in real estate investing?
1 November 2023 | 39 replies
And, now being a realtor I'm really looking forward to helping others do the same and keeping up to date on their journey's as well :)To your point on job security, when I had to quit my job back in December, knowing that I could survive from my properties was absolutely huge for my mental and financial health.
Logan Allec
Can I comfortably retire in 15 years, living off rental cash flow alone, by, every year for 15 years, putting 20% - 25% down on 1 run-of-the mill turnkey property at retail in a stable market (say, Indy) and re-investing all cash flow?
28 November 2014 | 17 replies
So you can do it, it just depends on what number you need to live off of, factoring in all expenses.Make sure you factor in health insurance, dental insurance, car insurance, car maintenance, home maintenance, etc.
James Gates
FIRST BRRR Complete! Details + Pictures!
12 February 2020 | 305 replies
Health, Happiness & Blessings!
Jorge Vazquez
Is Tampa Florida a good market?
24 May 2022 | 6 replies
So much so, these entrepreneurs are called “Tampreneurs.”Tampa has the diversified economy millennials seek, led by financial services, STEM-related occupations, health care, research, education, tourism, retirement, and military bases all making significant contributions to jobs and growth.
Joshua Milam
Use your own Life Insurance Policy to invest in real estate?
17 May 2023 | 33 replies
Now that you’re older how is your health?
Carly Peterman
Blind Bid - No Listing Price - Starts at $1 - Not a Foreclosure
17 October 2023 | 3 replies
The basic process for determining what to renovate is illustrated below.Realistic sale price: People often overestimate the value of their property.
Chigbo Ilogu
Chigbo from Buffalo, NY
10 September 2015 | 5 replies
I currently work in a call center environment for a health company.
Brad Smith
Leave old wiring as it is for the time being
5 May 2016 | 40 replies
I didn't see any bootleg jumpers as in your illustration.