Our efficient project management ensured the renovations were completed on time and within budget.

Our efficient project management ensured the renovations were completed on time and within budget.

I think DSCR Loans are definitely in your future as you continue to grow your portfolio but probably not the best fit here:-Can strictly not use DSCR for any property you live in - would technically be possible if you moved out, leased up the unit you are currently in and provided good documentation that its legit - but this is a firm non-starter for DSCR (absolutely no occupying the property)-DSCR Rates at best are in the sixes on a cash-out refinance - so you would be doubling your interest rate at least on the current property - which could make sense but its a pretty high hurdle.

We then used that to buy a 4 plex and put all of the 'cash flow' towards paying that note off within the 5 years and now have both properties cash flowing nicely for no more input from our SOLO401Ks.Right now I am working with a seller that is looking to sell a portfolio of about 10 units with seller financing and he is open to doing it non recourse.

Currently, I don't manage a STR but we do manage our LTR ourselves (I know there are plenty of differences) and as we are currently looking for a STR to invest in, we would do it ourselves.

If the tenant is paying a portion of the rental amount today, probably not.Call their case manager and ask, sometimes they're able to tell you how much it will increase.

Monthly Expenses and Cashflow:- Principal, Property Taxes, Home Insurance: $1,446.38- Property Management (12% of Rent Price): $358.08/ mo.- Monthly cashflow: $1,179.54Obviously these are rough estimates, but I feel that I've given myself enough buffer throughout the calculation/ analysis that if there are any unexpected expenses, I'll still be able to cover them and have a property that Cashflows a decent amt each month. 

We have shaken the trees as much as possible but from the Board of Commissioners, Director of Public Works, Manager of Building Dept to the assigned plan examiner, they have closed ranks on us and given us the boilerplate response of "you're in line, wait your turn."

Hi,Has anyone worked with Ohio Rental Managers before and would like to share their experience ?

Although no major renovations were needed, our strategic approach and rapid transaction management significantly increased the property's market value.