Michael Williams
Mortgage Note Syndicator Not Communicating
23 November 2024 | 26 replies
If you go to invest in the note space I strongly recommend you do a quick background check on the sponsor as there are numerous who have very questionable pasts.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
I don't know if that's the case for Ashcroft's fund 3 but if it were, the fund would include 2023 and 2024 acquisitions so I would expect it to be performing better.
Sushil Iyer
Re-financing separate properties as a group in a single loan
10 December 2024 | 22 replies
Sometimes too portfolios allow you to include lower valued properties that might not be eligible for regular DSCR lending.
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
Here is a list of potential options:Trello/Asana/Zoho Projects/Freedcamp/Basecamp/Workfront/Monday.com/Jira/etc,etc,etc,etc,etc - General project management software that includes tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration toolsTeamGantt/Gantter/MS Project - Gantt Scheduling Softwares for creating Gantt Charts & Timelines, & managing tasks.Podio - Customizable system that allows you to build workflows, track tasks, track leads, etc.Smartsheet/AirTable - Provide spreadsheet style platforms with additional functionalities for uploading documents/images, assigning tasks, calendar, images, etcOffice 365/Google Sheets Spreadsheets - Believe it or not, a lot of successful flippers still manage their entire business in Microsoft Excel or Google Sheets.
Tim W.
Fire Damage Discovered During Inspection
7 December 2024 | 2 replies
Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.
Luke Machen
Cash on cash utility questions
4 December 2024 | 3 replies
Are most of you including things like property insurance, etc in your CoC calculations?
Zachary Engen
Using heloc for brrr and renovations
5 December 2024 | 6 replies
However, if you're running your numbers then you'll want to make sure that you're including all the interested paid for the money borrowed from your HELOC as well as the carrying costs including utilities, insurance and property taxes.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Make sure the property meets the 1% rule or close to it (monthly rents = 1% of purchase price) to ensure it cash flows after you move out.Yes, interets rates are higher than they were a couple of years ago, but rents have also increased significantly in many markets, including yours.
Gio Kattan
Rehab without Permits, PLEASE assist!
8 December 2024 | 2 replies
For instance, one property seems to have an extra bathroom that is not listed in the county records.I plan to make some modifications, including removing a closet wall to expand a bathroom and taking out a kitchen island that contains electrical outlets and a switch.
Marita Jojo
ROI question for experts
7 December 2024 | 5 replies
And this does not include the real world issues, namely are you even allowed to convert this property to a four-unit and taking a single family to 4 unit is very likely going to cost more than $110k (but this depends on the actual layout and work scope).