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Results (10,000+)
Kent Ford Why Do You Think Texas is a Hotspot for New Real Estate Businesses?
6 November 2024 | 34 replies
Perfect example Oregon ( Hillsboro tech Hud) got a massive amount of Chips Federal Grants as Chips are seen as a National need ( dont want to rely on Taiwan)  Intel is largest employer in state . the city of Hillsboro identified 1700 acres to bring in to ensure future high Tech growth ( got to have the land)  the no growthers and farmers and newspapers scream we cant have sprawl U cant do this.. we have plenty of land already in the Urban Growth areas.. while thats true very few parcels are over 40 acres in size.
Stefan St. Marie How do you calculate gross revenue?
29 October 2024 | 9 replies
Since you asked about underwriting, you could potentially have other revenue such as add on services so I would t rely on solely platform revenue in this case. 
Tom Dean Suggestions for STR location between $250k - $325k?, southeastern quadrant of US
8 November 2024 | 38 replies
Regulation and guest avatar varies in each but could be a good place to start searching.1) Waco, Texas2) Columbia, SC3) Columbus, Georgia4) Alabama markets5) Branson, Missouri6) Fort Smith, Arkansas (several in Arkansas, actually)7) Temple, Bastrop, or Brenham, Texas8) Shreveport, Louisiana9) Harrisburg, Virginia
Rahul P. New investor here looking to make first investment.
31 October 2024 | 17 replies
I’d also recommend checking out markets with strong rental demand and lower entry points.I specialize in DSCR loans for investors, so if you want to explore financing options that don’t rely on traditional income verification, I’d be happy to chat and help you get started.Looking forward to seeing where you land!
Tom Dean STR material participation to be considered active business
29 October 2024 | 2 replies
I'm trying to plan this out as well as possible to avoid any issues down the road.I've seen the stories where people run into issues meeting this requirement and get scrutiny from the IRS, to me it seems the two biggest red flags might be when they hire a property manager and also when they rarely go out to the property to work on it themselves, always relying on contractors.
Max Servais Homeowners insurance for first-time multi-family investor
29 October 2024 | 8 replies
Your mileage may vary.
David Taylor Wholesale or Bust
25 October 2024 | 10 replies
Also, this is based on my area and experiences, your mileage may vary
Noey Santiago Refinancing with a Low Credit Score
30 October 2024 | 11 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).
Sharad Bagri How to structure a partnership for real estate deal
31 October 2024 | 12 replies
The information contained in this post is not to be relied upon.
Arron Paulino Advice on Selling Portfolio
29 October 2024 | 33 replies
I am arriving at this conclusion because the appraisals relied upon for the BRRRR method in these lower tier neighborhoods rarely equate to actual results in an arms length transaction.