Yaakov S.
Tenant pays rent extremely slowly
12 July 2024 | 13 replies
2 tenants in this duplex 1 pays on time every month the other one pays like 5 days late for 50% of rent then pays the rest even later if I evict I would have to give a 90 day notice as they have been there for a while (this is in ny) my property manager also thinks if I evict I can get 10-20% higher on this unit (this is my first property so i don't love taking on so much risk) just not sure what the correct move is here.
Carolyn Mazzola
RentRedi vs Property Manager
9 July 2024 | 8 replies
It seems like many of these things could be taken care of by RentRedi for a much lower cost.
Ernie Be
How long for your Airbnb venture do you...
13 July 2024 | 2 replies
You also need to consider the effort and time required to manage a short-term rental compared to a long term.
Shane Insang
My Revamped House Hack Strategy
14 July 2024 | 5 replies
Make sure you've looked into all of the financing alternatives that are out there and that you know exactly how much each will cost.Especially if you intend to rent out individual rooms, create a comprehensive management strategy for the property.
Garfield M.
Chicago ADU ordinance citywide filing
14 July 2024 | 6 replies
This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.
Andrew Postell
Fannie Mae makes House Hacking Easier
14 July 2024 | 12 replies
And while the borrower doesn’t have to come to closing with this money (it’s rolled into the loan) it’s still there – making an FHA loan have higher costs and higher APRs because of it.Are there any other differences between Fannie Mae and FHA?
Tristen Yarborough
Property Management Companies Cincinnati, OH
10 July 2024 | 13 replies
Looking for recommendations on great property management companies in the Cincinnati area.
Kate Brown
Fraud - Kris Thomas Land Flipping 101 at it again
14 July 2024 | 26 replies
This service is an additional cost as referenced in the following Service "Discounted Operations Team".
Jake Ingram
Initial cash BRRR or hard money
13 July 2024 | 1 reply
If you had the funds available, with some cushion, is it advisable to skip the HML and $7-12k cost, and purchase in cash?
Anthony Swain
REAL House Hacking Numbers
12 July 2024 | 10 replies
Full Brick Detached Duplex in Optimist Park (4 Bd/2 Ba) 1610 sq feetPP: $565k DP: $28k Closing Costs: $0 ($15k seller credits) *Used to cover CC & Buy Down RateRenovations & Furnishings (MTR/STR): $47kCash Invested: $75kARV: $675k-$700kJust a quick aside, I think right now is a great time for an investor, because there are a lot more people on the "side line".