Ryan Kinley
Lorain Ohio investors
17 January 2024 | 11 replies
Any thoughts you can share on the neighborhood South of E 36th st and North of E39th st, between Globe and Pearl would be much appreciated.
Leslie D'alessandro
House inspections during a lease
16 January 2024 | 3 replies
Make sure to notify the tenants that you may be taking pics so they can prepare and you can address their concerns ahead of time.
Stephen Gibson Jr
New construction timelines for financing
16 January 2024 | 3 replies
The bank reiterated that I still have the financing and the pre approval still stands however that its too far out to finalize the loan (I guess since I dont have the lease agreement).Currently I am fixing all of the stuff in the house and preparing to get my township rental inspection completed.
Heidi Kenefick
STR- do I raise the cleaning fee or eat the cost?
17 January 2024 | 15 replies
I would appreciate any thoughts and feedback on 1.
Christian Block
Beneficial Ownership Information (BOI) Reporting
17 January 2024 | 8 replies
First, sorry if this has been discussed already, but I thought this would be a good time to provide some cautioning on the Beneficial Ownership Information (BOI) reporting, as required by the Corporate Transparency Act, effective 1/1/2024.
Ashley Pacifico
Looking for advice for first investment property
16 January 2024 | 8 replies
You want to be prepared for the unexpected.It sounds like you're doing a nice job of paying off debt--I'd talk to a few lenders about your situation and see what you can get pre-approved for, then make your decision.
Leo R.
Are you using projection models? (Here's why you should)
16 January 2024 | 16 replies
., I don't make any life plans expecting repeated 15% YOY rent growth or anything like that), but it is still useful to run the extreme models to get a sense of what could happen in various disasters or big market upswings...sometimes an extreme model (like a disaster model) might show you that things wouldn't be as bad as you thought during a big crash (and now you can sleep easier)...or, it might show you that things would be much worse than you thought--in which case, the model at least provides a better understanding of how to prepare for the worst.For me, the models are less about making a perfect prediction of what will happen in the future (often not possible), and more about gaining a deeper understanding of my portfolio's current position, and the range of possible outcomes that could occur for my portfolio over various time frames, given different variables (like rehabs, rent changes, refis, sales, acquisitions, etc.).
Tyler Jordan
Need Guidance on 70% rule.
17 January 2024 | 4 replies
Remember, the 70% rule is a helpful tool, but a thoughtful analysis and negotiation may lead to a better outcome.
Dan V.
Converting SFH to Assisted Living Facility
17 January 2024 | 5 replies
Thoughts on the number below?