Hello investors,I have two long term sfh in Cleveland and considering purchase a third one for short term rental.Anyone with experience operating short term rental near hospitals in Cleveland for traveling nurses/ sta...
Investment Info:
Large multi-family (5+ units) buy & hold investment in White Sulphur Springs.
Purchase price: $550,000
Cash invested: $50,000
32 Unit Apartment Complex 1 Mile from Greenbrier Res...
Hey Everyone!
Happy new year!I was wondering if I were to purchase a property under my name at a conventional loan and maybe 6 months to a year from now I rent it out and were to purchase an umbrella policy, should I...
I am confused with what "DSCR at purchase" is. Does this not include the construction loan ?
For example, when the DSCR is 3.00x and the Loan to Purchase is 68% , does this mean that NOI is 3.00 x the debt from a lo...
I'm likely to purchase out-of-state property in 2016 and will travel to ensure that things are in order before making a purchase. The purchase will be made using a conventional 30-yr mtg in my name--thus I don't have...
This may be more of a question for an accountant or an attorney, but this community is great, so I am hoping somebody has some wisdom to pass on.My mother owns a vacation home in Michigan that myself and 3 siblings wi...
CapRate is a derived number, not one on a PnL, Balance Sheet or COE Settlement Statement. It is a measure of the effectiveness your purchase.We all know the metrics NOI, PurchasePrice and CapRate and the math is trivi...
I am forming an LLC with another partner/member to facilitate the purchase of properties via short sales, REOs, and trustee sales. Having one LLC will make it easier to have all income and expenses accounted for under...
Hello All,
I was wondering if any others have experience with owning a rental property that is an adult family home by renting out the rooms?
Investment Info:
Retail commercial investment investment.
Purchased a ski shop in Angel Fire, NM. Operational and well established in the town at the time of purchase. Our first ski season, in 2021-2022, r...