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27 September 2024 | 27 replies
@Dennis SmithWe know of 4 major and consistent content-producers in this space:Al Williamson - Offers a course, ongoing coaching, monthly group meetings, been a landlord a long time, we took his course in 2020 at a discounted rate--our view it was worth every penny; Based in Northern CA Jesse Vasquez - Great YouTube content, unique takes, often wears his hat on backwards during his videos; Based in CAKellie Michelle - Great YouTube content, clear and concise, Based in smaller midwest cityErin Spradin - Wrote a book, good YouTube content, Unsure where she is basedMy sense is that Al has been at it the longest, but they all seem good to me, though we've only taken Al's course.
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26 September 2024 | 3 replies
No - "DSCR Loans" are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)
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26 September 2024 | 14 replies
That being said there are also areas in Suburbs I would avoid like Norristown and Pottstown due to their nature (class C or lower).
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27 September 2024 | 9 replies
For the insurance deductible on the claim, it depends on the nature of the claim: if it’s for a repair, it’s deductible this year; if it’s an improvement, it needs to be capitalized.
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26 September 2024 | 11 replies
If you are looking to use it you probably see it as a solution that produces specific benefits.
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25 September 2024 | 4 replies
I would not due business again due to the nature of the financing terms and the home quality.
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26 September 2024 | 9 replies
It occurred to me that the reason I have not been able to find any research on this topic is probably because of this subjective nature and time consuming attribute of this weed out process.Without further ado, my findingsNew construction homes that were bought in 2017 increased in price by 28.3% when they were resold in 2022.
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23 September 2024 | 12 replies
We bought an industrial warehouse for ~$250k and is in the process of renovating it. The goal is to finish the renovation by November and then rent the warehouse to tenants. Our estimated ARV will be ~$850k. Currently...
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29 September 2024 | 12 replies
The house in question is located in West Milford, NJ and is a 1963 3 bed 2 bath split level on a pretty level .25 acre lot right outside of town center with natural gas but septic, well, etc.