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Managing a property involves a myriad of responsibilities, from tenant relations to maintenance, financial oversight to legal compliance. For property owners, the decision to hire a property manager is a strategic one...
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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
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https://www.nytimes.com/2017/04/22/business/trump-...Hi, Everyone! I came across this article in the New York Times today about possible changes in the tax code as it pertains to real estate. I am a new investor, havi...
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Refinancing loans with a focus on Debt Service Coverage Ratio (DSCR) can be a strategic decision for businesses. Here are some situations when refinancing might be considered:
1. Improved DSCR: If a company’s DSCR ha...
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What is the best way to go about finding private financing for a deal?My dad has a modular home under contract with a private motivated seller.It's under contract well below 50% ARV and is in good condition. Thanks BP!
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I’m looking for a way to document all basic and financial details of each deal we purchase (downpayment, how we funded it, lenders used, mortgage, interest rate, rent, cash flow, when it was purchased, partners includ...
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Hello Everyone,I am questioning whether installing Water Softeners into my rental unit in Mound MN is worth it. Here there is a 25 GPG hardness and .2-.8PPM (not sure specifically what my rental has), which leads to b...
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Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
I have a general question that I would sincerely appreciate some advice/suggestions. First of all I apologize for the long-winded question. I live in WA state and own a forty acre parcel of land in the state of Loui...
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I am currently in the process of purchasing a four unit home and need a contractor/inspector in Atlanta, GA area who is familiar with the 203k process. In addition, is it necessary to hire a consultant for streamline?