
19 January 2025 | 269 replies
Specifically I am trying to figure out the best vehicle through which to conduct our REI.

7 January 2025 | 22 replies
I moved here in Columbus OH from Portland OR and I've build up a solid 7-figure rental portfolio.

27 December 2024 | 21 replies
The property in question is roughly 2.5 acres.

23 December 2024 | 9 replies
Think of it as the rough sketch that helps you figure out where you want to swim: Omaha’s stable single-family rentals with decent cash flow and strong appreciation potential, the sizzling up-and-coming pockets around San Antonio where off-market deals still lurk if you’re willing to roll up your sleeves, or those tight-knit Chicago neighborhoods where a trusted investor-friendly agent can point you to contractors who won’t ghost you mid-reno.

13 January 2025 | 31 replies
You are correct, however I was clarifying if the ask involved trying to figure out a persons’ citizenship like asking for a the person’s green card in addition to or in place of.

25 January 2025 | 155 replies
If I thought for one minute there was a big market for EM deposits and a reliable bevy of potential clients I would be all over funding 7 figures .. but even with all my experience in lending I jsut dont see it personally and maybe I am blind to it but I close a lot of deals for wholesalers 10 to 20 each and every month for years..

29 December 2024 | 4 replies
Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20

27 December 2024 | 6 replies
For STR, AirDNA is the most popular option of course, but the pricing model per city is rough (if it's still like that).
3 January 2025 | 10 replies
Figure you are paying $6K in insurance for 5 years (assuming it doesn't go up) plus whatever the deductible is...is it better to save that money and should you need a new roof, pay for it yourself?

1 February 2025 | 56 replies
One needs to simply stroke a check pay it off then figure out how to get their money back out of the deal by either selling or refinancing this is the ONLY way to protect the sellers credit.