On your short term rentals how much of that rent do you actually put in your pocket? I understand some of the things you have to pay for such as utilities, WiFi, furniture. But what are some of the other costs associa...
Hi everyone,After reading a good number of experienced investors' posts from different forums, my wife and I have decided to finish our basement for short-term renting. Having said that, we would like to ask for your ...
Property Details:Purchase Price: $9,500,000 Annual Rent: $498,804 Cap Rate: 5.25% Lease Expiration: 2/28/2038 Lease Type: NNN Year Built: 2013 Options: 10, 5-yearGross Leasable Area: 14,534 SFBuilding Class: BLot Size...
I have an opportunity to buy, rehab, and flip my first property in Florida. I am extremely new to this. Is there a loan that will include the purchase price and rehab cost? Isn't DCHS or something?
Hi All,I posted this elsewhere but not much feedback. Perhaps this is the better forum for it.There seems to be 3 common approaches to financing rental properties:1- Buy in cash. Hold in cash. Debt is bad. 2- Buy with...
Background:
So I'm about to close on a duplex utilizing a loan from the Veterans Affairs for a primary residence. I'm going to identify a homeowners insurance company to my lender in the next day or two. When I begin...
Just curious on how other people are evaluating multifamily units. I look at expenses to be less than 50% of income (NOI). My goal is a minimum of $250.00 per unit. Example an 8-unit will generate a minimum of $200...
After learning about cash return on investment and debt service coverage ratio, it seems to me that a nearby city to me, Harrisburg, PA, would be an optimal place to achieve the appropriate numbers.
I've been told 2....
Hello all, I’ve tried searching and of course information varies. In my specific situation I am an anesthesia provider. Gross business income will approach 300k, take home W2 check is about $2900 A week with about 4k ...
Is there a type of landlord insurance that will offer dwelleing protection, liability coverage and, premises medical protection etc. to a landlord living in the house with tenants that rent by the room? Does it depe...