Steven Maduro
lazy landlord tips for doing work your self the easy way
Hello. everyone.
I am here to offer some painting tips today.
I will periodically add to this topic as I do work myself and learn the ins and outs of
revitalizing property.
So this week I had to paint the interior ...
Roy Mitle
why would anyone take 30 year fixed...
... over 5/1 ARM for investment propertyRight now the 5/1 ARM seems to be 1% below 30 year fixed (lets say 3% and 4% for argument sake)For the first 5 years I am saving a large amount of cash. After 5 years 2 scenario...
John Sanderson
Laundry Unit
Here's a slightly interesting one(I think). I've got a 5-unit building, and I recently installed a washer and dryer in a storage room that can be locked. I gave the option for all tenants to pay $15 extra a month for ...
Alex Scotte
How to Calculate Debt to Income Ratio with Rental Property
I have a rental property which nets only $200/month when factoring loan and property taxes. How would I calculate my debt to income ratio?
Option A
DTI = (Mortgage + Car Loan) / (Wages from Job + $200 from Rental)
...
Gary B.
Tenant trying to take advantage
Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
Mike Smith
Stackable washer/dryer vs side by side for new construction
We are getting closer to finalizing floorplans for new construction multi-family. We will be putting washer/dryers in our two bedroom units. Our current plan is to use standard side by side washer/dryers based on ad...
Helen Zhang
why syndicators do this?
Not sure if everyone feels the same way as I do…
Ever since the pandemic, I have not seen any of the syndicators that I previously invested with come up with solid deals. I don’t understand why would they make purch...
Daniel Dietz
Using ROTH and Traditional accounts to fund the same property?
Hello All,We have been working on buying a portfolio of properties and are considering owning a couple of them in SDIRA or Solo401K accounts, and have come up with a questions I have not seen (or at least not paid att...
Joe Zeigler
Laundry business pitfalls
I’m looking at purchasing a couple of laundries from a selling. Looking for some insight on some pitfalls. All information big and small are all appreciated. Thank you!
Benedict A Hubbert
Has anyone used construction bonds on single family flip?
I ran into a situation on a flip where the GC was not insured or bonded. He hired a bunch of sub contractors who he didn’t pay even though I paid him. This was in Texas so the sub contractor put a lien on the proper...