Jodi Marsh
Rehabs cost prohibitive or cant find anyone to do the work?
7 July 2021 | 9 replies
What they charge commonly comes out to $200/hour for labor.
Sonia Chopra
NYC/Queens Multifamily Homes - Attic Bedrooms
23 July 2021 | 10 replies
Our 2nd floor units were equally adequate as all units open to a common hallway with two sets of stairs to the ground level at each end of that hallway.
Jezelle John
[Calc Review] Help me analyze this deal
8 July 2021 | 1 reply
View report*This link comes directly from our calculators, based on information input by the member who posted.HARTFORD, CT490K LISTING PRICE150K - 25% DOWN PAYMENT PLUS EXTRA (JUST IN CASE) VIA HELOCCOVENTIONAL LOAN 30-YEAR AT 3.99% INTEREST RENT - $900 PER UNIT, COULD GO UP TO $1000 PER UNIT (AS PER RENTOMETER, ZILLOW, AND BIGGER POCKETS)UTILITIES - "GUESS-TIMATED" $500-$1000 (WATER AND COMMON AREAS-LIGHT)2 BED ROOM, 1 BATHINCLUSION OF PROPERTY MANAGEMENT
Pedro Morais
Distributions from one LLC to another
18 July 2021 | 9 replies
You move the funds to the top, or common LLC ownership, then back down.
Andrew Gomez
Purchasing my Future Trucking Terminal San Antonio TX
14 July 2021 | 2 replies
It is very common for commercial properties to have underground storage tanks or USTs.
Heather Green
Residential Assisted Living in CA
7 July 2021 | 0 replies
It seems 6-beds are very common for RAL in CA.
Sherri Behrendt
Financing under mortgage then changing title to LLC help.
16 July 2021 | 4 replies
If you keep the property from health and safety violations, manage like a business, and carry good insurance you are best off vesting in a single entity Revocable Living Trust- this gives you stand alone one property protection and saves a boat load of money.
Account Closed
Quick Question on Credit and Creating Large Portfolios
9 July 2021 | 3 replies
Account ClosedThe debt-to-income ratio is commonly used when people are purchasing 1-4 unit properties where the underwriting is mostly performed on the borrower, not the property.
Jo W.
Discrimination in lending - MS
11 July 2021 | 8 replies
This one is now less common in California due to that W2/1099 law passed a few months before COVID hit, but back in the "before" days we would see this one ALL the time.
Luke Zagrodny
NEW HAMPSHIRE REAL ESTATE
9 July 2021 | 3 replies
It was either this or go into health and wellness and become a personal trainer/coach/nutritionist as that fits my lifestyle and routine.