Ross Francis
Maine-tenance on multifamily
8 July 2024 | 2 replies
. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
6 July 2024 | 24 replies
Of course, we do our best to be empathetic and understanding with, "life happens issues", but we do NOT let tenants make their problems our problems - as many of them try to do.OPINION: this lease doesn't look good for the long-term.
Mateo Garza
House Hack vs Live-in Fix & Flip
6 July 2024 | 11 replies
Now both sides are long term rentals for me.
Denis Ponder
VA Home Loan Question
8 July 2024 | 6 replies
Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.
Jonathan Timm
My introduction as a new investor
5 July 2024 | 6 replies
I am a beginner investor, I started off house hacking but due to my occupation I had to move and now that is being used as a long term rental.
Luna D.
Real Estate agent hesitate to submit offer
8 July 2024 | 21 replies
With some of the ones you wanted to put in a low ball offer, what did they end up selling for and how long did they take to sell?
Oscar Miguel
ADU income for debt service on new loan
7 July 2024 | 3 replies
Other finance options typically have worse terms.
LaTonya G White
VA Home Loan for Investment
8 July 2024 | 12 replies
I couldn’t find a clear answer on how long you had to live in the “primary” residence.
Ryan Keenan
VA loans
7 July 2024 | 27 replies
This is an exception.Theoretically you can have unlimite properties using VA loan as long as your benefit is not used up, but realistically no way you are going to keep on getting an exception.
Jamall Lynch
Startup Capital Required In Dayton
7 July 2024 | 3 replies
I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment.