
12 December 2024 | 49 replies
They're basically shooting themselves in the foot.

3 December 2024 | 7 replies
Basically scale in paper and challenge it with your personal time, resources, desires, finance, insurance, PM, etc.

5 December 2024 | 20 replies
If it is a market rate class A, B or even C properties, I would say that it (basic maintenance) is something the tenant should handle considering that for these properties the tenants likely have additional resources to handle small maintenance issues.

1 December 2024 | 8 replies
Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.

3 December 2024 | 8 replies
You need to not necessarily follow a book to a T, but just basic principles.

10 December 2024 | 17 replies
The day after I set precedence, I gave my info to others who had "illegal" ADUs and a basic "road map" to get themselves legal.

2 December 2024 | 21 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

3 December 2024 | 2 replies
Regarding your co-host, it’s common for property managers to answer basic questions as part of the vetting process, especially if they want to work with you long-term.

3 December 2024 | 8 replies
—half the battle is the mindset, and you’ve got that nailed.Start with the basics: understand your market, run the numbers, and don’t be afraid to ask questions.

6 December 2024 | 4 replies
Basically a lot of circumstantial evidence (no video of her actually taking the packages).This evening an old car with an old man drives up my driveway.