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23 December 2024 | 8 replies
Does anyone have a service or company they'd recommend for this?
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26 December 2024 | 0 replies
Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)
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26 December 2024 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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28 December 2024 | 8 replies
Just something basic that is serviceable and lasts.
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2 January 2025 | 12 replies
Please reach out to me if I can be of service or answer any questions.
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23 December 2024 | 9 replies
•Tenants demand prompt, high-quality service and without caring about cost •Vendors seek to earn as much compensation for their work as possible.Balancing these needs requires thoughtful stewardship, strong communication, and a commitment to fairness.
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26 December 2024 | 8 replies
You can do an 80% LTV cash out refinance, but it will depend on the state and if the property can debt service at the higher LTV
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26 December 2024 | 7 replies
But honestly, you'll want to shop around and compare a few local PMs since fees and services can vary quite a bit.
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23 December 2024 | 13 replies
In fact, there may be other home service opportunities with quicker growth potential worth considering.Additionally, be aware that in Texas you’ll need a broker’s license, not just a real estate license, to operate a property management business.
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26 December 2024 | 2 replies
Remember, many sellers are looking for solutions to problems, so your role is about providing a service as much as closing a sale.As you navigate the wholesaling process, keep in mind the importance of due diligence.