Maen Abu Khater
FHA Self Sufficiency Test
5 February 2024 | 4 replies
I would assume so, but it's best to check with the lender to see how they interpret official FHA guidelines which read:"Net Self-Sufficiency Rental Income is calculated by using the Appraiser’s estimate of fair market rent from all units, including the unit the Borrower chooses for occupancy, and subtracting the greater of the Appraiser’s estimate for vacancies and maintenance, or 25 percent of the fair market rent."
Spencer Elliott
Line items for basement finishing
5 February 2024 | 3 replies
hoping for someone to provide me with a generic bid sheet that includes all line items for a basement finishing.
Alex S.
Is Anchorage, AK a good market for STR?
6 February 2024 | 9 replies
It calculates 110k-120k per year, so the average is 10-11k (it includes different rates and different occupancy) thought-out the year.I think 2023 revenue is down because 2021-2022 are not normal years, and were producing more STR revenue.#2, #3 great insights into the average group and demographics, thanks!
Preston Long
Can an RV park that is ran with a onsite manager be sold at a higher valuation?
5 February 2024 | 2 replies
From other responses I have gotten outside of BP it sounds like NOI would normally be underwritten with the included expense of a onsite manager.
AJ Wong
High proportion of vacation rental and MFR sales are 1031X Exchange Transactions
5 February 2024 | 5 replies
And 1031 investors investing in property where they like to build a presence and ongoing memories (including later conversions to a new primary residence).
Nolan Mahoney
RE attorney to review my Lease
5 February 2024 | 12 replies
This is where we include things like no smoking that apparently are not important enough to the attorneys that draft these to include.
Gina Huerta
Stacking with House Hacking
5 February 2024 | 21 replies
Here is a good presentation on things to consider when scaling.
Melissa Casey
Buy and hold
5 February 2024 | 5 replies
Hey Melissa, I am local to your area, I am a real estate agent here in Rhode Island, & I have the resources to connect you with experts on my team who can offer creative financing solutions that align with your unique circumstances, including the lien on your property and your current credit score.I would love for us to meet in person and go over the options that you have.
Daria B.
Umbrella Insurance (rentals included in coverage)
3 February 2024 | 4 replies
Hi
I have this coverage and have never used it. I feel it might be something I will need to tape into due to a recent issue with terminating a tenant.
Can someone tell me if they have used this and in what case sto...
Kathy Utiss
Open AI Advantages To Express Benefit Of Using Non-Profit To Donate To Your Project
5 February 2024 | 0 replies
Individual Empowerment:The non-profit's focus on building net worth for individuals implies a commitment to empowering people economically.Initiatives may include financial education, homeownership programs, entrepreneurship support, or other projects that directly enhance the financial standing of individuals.2.