Griffin Malcolm
Facebook Wholesaler Wants me to Zelle for Property List
20 November 2024 | 12 replies
Standard PPL (Pay Per Lead) companies will sell them between $150 - $750 a pop.2.
Madhuri Gupta
My experience with Flipsystem
21 November 2024 | 11 replies
I wanted to avoid shady characters and losses while trying to build a rental portfolio that was rehabbed to a good standard and didn't have much maintenance issues.4.
Pete Harper
1031 into upREIT
18 November 2024 | 8 replies
Test the waters with the sponsor for 3-5 years as they hold the properties in the DST, then decide if you want to align with them as a part of your long estate plan.Last (and best) recommendation: Ask your broker what the funds from operations (FFO) ratio is.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
The HVAC and water heater estimated to be 6 to 8 years old by the inspector.
Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
Jordan Ryan
Best DSCR loans out there?
22 November 2024 | 28 replies
Secondly a 7% rate with 1-2 points depending on LTV, FICO, DSCR, and prepayment penalty does sound fair/market standard.
David Ounanian
What are common landlord expenses, and who covers them? Landlord or tenant?
16 November 2024 | 3 replies
Utility Costs (Water, Gas, Electricity):- Paid monthly by the tenant unless included in rent.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
., 5, 7, or 15 years instead of the standard 27.5 or 39 years).
Vikash Nand
scope of work
15 November 2024 | 3 replies
for example when changing cabinets, addressing trim, door pulls. hot water tank replacement: place a pan under it.
Celso Rodriguez
Anyone in Austin, TX?
18 November 2024 | 11 replies
The higher you go in price, the ratios get too hard to make it work without leaving as much money in the deal as you would a standard down payment.