Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 replies
However, I cannot find info on whether it syncs with Appfolio, which is a downside for me since my properties rely on that.Overall, if anyone has found a better real estate accounting solution that handles property management well, I’d love to hear about it.
Emilie Pa
Which professional to contact for transfer of property
29 October 2024 | 6 replies
Do not rely on it for legal advice.
Rob Bergeron
Beshear holds lottery for first round of Kentucky medical cannabis licenses
30 October 2024 | 2 replies
Do we really want the government to rely on getting more people to smoke more marijuana in order to do their job protecting us and maintaining our infrastructure and schools?
Jeff Horowitz
New to RE and this community | Eager to start investing opportunistically
31 October 2024 | 3 replies
I’m beginning my journey into real estate investing with the goal like many of you of generating passive income and discovering financial freedom without having to rely on a “day-job” for much longer, so I can travel more and spend more time with my young kids/family.
Yogev Lifchin
Off-Market Google Ads Tip - Are All Keywords That Bring You Leads Worthwhile?
31 October 2024 | 0 replies
The sad, strange truth is that the success rate for converting leads into contracts can vary greatly from keyword to keyword.For example, in one of our recent campaigns, we were generating multiple leads every week from a keyword related to the term “Home buyers.”
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 replies
I work in healthcare and rely HEAVILY on my electronic health record platform, so I think I'm assuming that it's more efficient to build from a platform rather than needing to transition later, but perhaps I'm just making it more complex than it needs to be at this stage.
H. Jack Miller
Beware of Appraisals: I would not at face value, some of them are a joke.
4 November 2024 | 33 replies
In rural areas building size and age can vary a lot, the comps are literally not very comparable.
Jace Perry
Searching for 80% to 85% DCSR Lenders
1 November 2024 | 10 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Craig Reed
Starting and completing a Real Estate License
30 October 2024 | 3 replies
You’ve come to the right place to connect with some vary smart investors.
Andres Murillo
CA AB 968 (disclosure mandates on flippers): Who's Really Bearing the Impact?
30 October 2024 | 0 replies
Higher Costs for Distressed PropertiesTo comply with the new regulations, flippers will need to rely on licensed contractors for repairs, who typically charge higher fees than non-licensed labor.