I understand that for a Fannie Mae conventional loan, if you don't have tax returns for a rental, most lenders will count 75% of your rent as income and the full PITI as your debt. The part where I'm not clear on is ...
I recently acquired a small commercial building that was built in 1889. This bldg has essentially been in operation most of its 125 years. I am not a developer, and therefore have no plans to refurbish this building,...
Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...
Every single syndication sponsor and capital raiser claims that they have conservative underwriting.Now, I am no logician or statistician, but I have to call BS on this one. Not everyone can be telling the truth.Clear...
I'm looking for some information / guidance on cold calling. I like to follow up my call with a text, especially if i'm not able to leave a message. Where can I look for a good cold call follow up texting scripts or a...
I inherited tenants in March 2024, who’s lease is ending in October 2024. They are paying $825/month. It’s a mediocre but not killer deal for me to not renew lease, rehab and rent to new tenants, as I’ll make only 8% ...
Currently working on a selling financing deal. Primarily, I manage STR’s for other owners. One of the buildings I manage, the owner and I are figuring out terms. I want insurance, taxes, and utilities to stay in the ...
I recently bought a property, and had to evict the uncooperative tenant. During the eviction process, the tenant complained that she had recently paid for a new furnace (Forced Air Unit) and was angry that she was ge...
Hello Bigger Pockets Community!My name is Kevin Dehlinger. Currently, I am in the process of getting licensed. I've lived in Florida my entire life (Panhandle ---> Tallahassee ---> Tampa). I have been interested...