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21 January 2025 | 3 replies
The challenges experienced in the cases mentioned above and elsewhere would be non-existent.
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22 January 2025 | 1 reply
If they notice you have another house and your debt to income can't cover it.
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15 January 2025 | 6 replies
How much do they want you to to pay, to pay off one of the mortgages (or both of their existing mortgages)?
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18 February 2025 | 148 replies
“That’s frustrating.”ADVERTISEMENTBut RAD’s official disclosures tell a more doleful story than its online ads.During the first six months of last year, the most recent period covered in RAD’s latest investors’ circular, filed with the U.S.
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24 January 2025 | 11 replies
However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...
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23 January 2025 | 6 replies
That does not exist on wall street without an insane amount of risk and volatility.
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12 January 2025 | 25 replies
She is essentially implying that these 1% rule properties have something very wrong with them or don't exist.
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29 January 2025 | 22 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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22 January 2025 | 14 replies
Snow plowing is an emergency service , we are on call 24/7 for the entire winter , the prices you pay cover the salt that we stock , the prep for each storm , the desalting of the trucks , the overtime .
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29 January 2025 | 107 replies
In other words, your renters have covered a majority of your costs of ownership this year, including covering your debt, and you have to put some additional money in, which raises your cost basis.