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All Forum Posts by: Lance S.

Lance S. has started 11 posts and replied 30 times.

Post: Looking for a Lender for 80% DSCR Cash-Out Refinance

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

@Bryan Maddex how many points do you require for cash out refi? Thanks

Post: Best Electronic Lock Brands

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

@Corina Eufinger

I have tried several and keep going back to Schlage Encode with WiFi. You can change codes remotely for tenants and you do not have to give them keys. There is a master key but I do not give to tenants. They are expensive $200 each but they do not break down and you can track who uses codes so a family could each have their own code per person. It is great on our house we do room rentals with as i do not have to switch keys, just a code and it is from my phone.

Personally at our house I love it because my kids have their own codes so I can see when they come and go which is nice in this crazy world we live in.

Hope this Helps!

@Adrian Smude Central FL CPA that is RE friendly.

I am in Clermont.

Post: Flooring for MTR/LTR SFH

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

Close on new single level 4/2 SFH on Friday and it needs flooring throughout, 90% 20yo carpet.

Wondering if anyone has done Epoxy throughout and if you are happy with the decision.

Thanks!

@Bob Langworthy

Has anyone just used Quickbooks so all accounting is in same program? Pros, Cons?

Post: Home in Seattle to BRRRR

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

@Michael Haas Thanks! Glad to connect and I’ll pass your info to her. Kayla Helenski is her name.

Post: Home in Seattle to BRRRR

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

@Parker Eberhard Thank You

Post: Home in Seattle to BRRRR

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

My sister is looking to move back to North West Seattle area. She is not smart or savvy about things but they did do well on a live in Flip several years ago in Magnolia area. She picked a realtor that was recommended but then after I asked some questions sounds like it is just another buyers agent with no investment strategy in mind. Obviously the Seattle market is crazy but I want to try and help her find an agent who has knowledge on BRRRR or at least buy/ rehab/ refinance for the time being. Any help or referrals are appreciated. They would be open to Wholesale deals as well.

Post: Lease to Own bailed, Worth Going after?

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

@Theresa Harris thanks for response. It sounds like he is going to move out peacefully so this will he path I take. Have a Great Day!

Post: Lease to Own bailed, Worth Going after?

Lance S.Posted
  • Clermont, FL
  • Posts 34
  • Votes 6

I sold a mobile home (I still hold title) on a lease to own to someone who 3 months in has bailed on the park payments and not paid monthly payments to me. He did pay significant down that he knows he is losing and because he has been there almost 3 months and is moving out and walking away, Do I just play nice and move on or do I try and go after him for past due payments knowing he had nothing (even had a call with his investment manager who paid the initial deposit for him and the buddy said he can’t help either of us don’t call him anymore). Lesson learned not to be so nice for so long but for now have to deal with what it is and learn the best I can. I’m not losing my shirt in the deal as I did get nice deposit but wondering about payments and worth the time and hassle to get blood from turnip.

Sorry it may not all make sense it is hard to type all the details but these are the main points.

Thanks in Advance!