Victor Hernandez
Rent Increase? Or not? That is the Question
17 April 2024 | 16 replies
The tenant was understanding because of my increasing property taxes, 17%.
Steven Gough
HELOC on Investment Property
18 April 2024 | 5 replies
HELOCS do exist for rental properties but you are usually capped at 65-70ltv and these will most likely require a full underwrite that takes into consideration taxes, income, dti and all the normal quasi-associated red tape.
John Lubin
Which financial metrics to use when deciding to keep or sell a rental
18 April 2024 | 4 replies
(Of course there are sales costs, tax implications, etc).Thanks!
Jason H.
Recommendations for Accountants with US Expat experience
18 April 2024 | 2 replies
Can anyone recommend a great accountant they've worked with who also has experience with US Expats living abroad filing their taxes back in the US?
Lynette Guy
Leaving Evolve Vacation Rental
17 April 2024 | 35 replies
Evolve won't allow you to charge an extra fee for extra guests.
Christopher Buford
Experiencing Communication Issues with RPM Indy in Indianapolis – Seeking Advice!
18 April 2024 | 5 replies
Most focus on the fees and management rates but the most critical part of any PM agreement is the authorized agency that's created to act on your behalf and there may have been protocols that have to be followed in order to supersede what's in the agency agreement.
Michael Hill
When to set up entities
18 April 2024 | 2 replies
This involves discussing legal and tax implications with professionals like a real estate attorney and tax advisor to find the best structure for your situation.
Robin Simon
Multifamily Real Estate Investing – What are the financing options?
17 April 2024 | 0 replies
This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.
Jonathan Weinberger
Best Strategy for Capital Partner Investing
18 April 2024 | 1 reply
Year 1, cash on cash return at 9.46% Over the next 10 years, here are the projected overall returns with 5% year over year rent growth, 3% year over year appreciation of the property, and calculations for tax savings + debt pay down: I'm a buy and hold investor.
Jack B.
Septic inspection - get second opinion?
17 April 2024 | 9 replies
So basically, an inspection free with the basic pump fee.