Anthony Prilo
How to refinance property out of residential loan into LLC
11 September 2024 | 8 replies
One issue is the challenge of qualifying, as conventional loans will have DTI requirements, income requirements, loan size limits, and loan amount limits that investors looking to scale a portfolio run into as soon as the financial freedom snowball starts rolling.
Mike G.
What CRM software do you think is the best
10 September 2024 | 23 replies
Tell me what you use, why you use it, the scale or size of your operation and what’s the most important feature that this CRM has that sets it apart from the competition?
Reva Schwob
Scaling Qualified Leads
4 September 2024 | 8 replies
Google Ads is a great way to scale because the operational burden is low.
Roque Miranda
Staring my fist BRRRR out of state, Let's GOOOOO!
9 September 2024 | 12 replies
I like the concept of BRRR and the way that can help scale faster.I have been prepping and learning on the real state side of thinks for 9 months, Books, seminars, workshops you name it!
Natalie Johnstone
Where are Bay Area residents buying today!? Which market?
10 September 2024 | 21 replies
I've scaled to 9 doors across those 2 markets.
Meghan Begue
Transition from W2 to full-time REI-- Starting a Property Management LLC?
7 September 2024 | 7 replies
You may want to consider partnering up with a realtor or someone that already has a property management company that is looking to scale.
Mason Fast
Building a Small Multi-Family (2-4 units) to House Hack (Columbia, MO)
7 September 2024 | 3 replies
Is building a new property for a house hack potentially a good idea if our goal is to continue to scale/grow our capital or should we just stick to looking at existing properties that need work and pull our money out post-renovation?
Diana Jing
Rent To Retirement Review
7 September 2024 | 85 replies
This allowed us to scale easier over time & have much less time/stress involved in building our portfolio.
Dani Beit-Or
What do you think of this subject-to deal in Metro Houston?
6 September 2024 | 3 replies
Loan Balance $295,000Loan Maturity Date 11/1/2051Property Specifications:SFHBedrooms 4Bathrooms 3Square Feet 2316Year Built 2021Garage Size 2Schools Rating (scale 3-30, 30 is best) 18Lot size (sq ft) 7,631.0Purchase price: $330,000Market Value: $350,000Estimated Financial AssumptionsMonthlyYearlyRent (upper)*$2,350$28,200Rent (lower)*$2,250$27,000Property Taxes$425$5,100Insurance$200$2,400Repairs$65$780Property Management Monthly (%)0.00%Property Management Monthly ($)$75$900Leasing Fee$95.80$1,150HOA$146$1,752Vacancy Rate4.00%Total Fixed Expenses$1,096$13,150Total Expenses (Fixed + Mortgage)$2,620$31,437
Jethro Stoltzfus
Paying off my personal home mortgage or saving for an investment property?
7 September 2024 | 12 replies
I don't think you should pay it off, but you should be paying down the principal every month at scale, which you are probably doing if you planned on paying it off in 4 years.