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13 February 2024 | 0 replies
Incorporating technology into the process increases efficiency and precision and allows for deeper insight.Prior to implementing the new technology, a cost segregation study would require professionals to spend much time going over the architectural blueprints and conducting extremely thorough site visits in order to be able to classify the assets into the correct category.
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12 February 2024 | 14 replies
There are many products with no seasoning requirement, some with 3 months, and some with 6 months.
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13 February 2024 | 0 replies
It encompasses a variety of practices designed to minimize environmental impact and maintenance requirements.
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12 February 2024 | 7 replies
My goal now is to get a multifamily property no more than $250,000 and put 20%-30% down, get a property manager, and put an extra $4-$5k per month into the principal to pay off the mortgage in less than 3 years, but I don’t know what state to invest in, I know Ohio is being looked at but I wouldn’t have to time to see multiple properties in person and I’m not sure how to verify the operating expenses of different properties, required repairs, etc.
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12 February 2024 | 7 replies
Conventional refis require 12 months of seasoning now, so many investors are using DSCR loans.
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12 February 2024 | 12 replies
Use a DSCR loan - No DTI or the same red tape quasi govt loans have.20% down for a purchase and would require roughly 2-3 months reveres roughly for each REO ownedOnly target goal is make sure your market rent is 1:1 with your PITI.
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14 February 2024 | 123 replies
Happy to show you properties and see if it meets all your number requirements!
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12 February 2024 | 14 replies
I was required to add exit signs in the shared hallways / stairs, and to add interconnected heat detectors in all units, and to upgrade all smokes in all units to be hardwired, and to create 1-hour fire separations between the three units, which we accomplished by painting the ceilings and walls shared with stairwells/common halls with intumescent paint.
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12 February 2024 | 3 replies
This requires expense, time, and marketing. 2.
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12 February 2024 | 44 replies
If you ever plan to rehab the property and have to pull an electrical permit you could be required to do a complete rewire.