Dan H.
Can cabin on owned land be comped with cabin on leased forest service land
4 December 2024 | 4 replies
I am interested to get feedback from certified appraisers on whether a cabin on leased forest service land would be a comp for a cabin that includes ownership of the land.
Jackie Liu
Sewer Utility billing question
2 December 2024 | 10 replies
It includes space to spell out specifically what the tenant is responsible for.
Justin Bradbury
In the educational phase, looking for more resources
4 December 2024 | 6 replies
Recommended resources include books, podcasts, websites, forums, and online courses.
Nick McCandless
Turnkey Real Estate Investments
17 December 2024 | 22 replies
Everything should be done in hosue, including owning the property, renovations, and management!
Scott Davis
Looking for feedback on PCS
3 December 2024 | 6 replies
This includes but business and personal filing and I’m curious if this is high, low, or right in line with what others are seeing.
Benjamin Finney
Feel Free to Connect!
7 December 2024 | 11 replies
It’s inspiring to see your commitment to learning and helping others grow as entrepreneurs and investors.I’m sure many of us here, including myself, will appreciate your insights and advice on scaling businesses and navigating the real estate world.
Michael Nguyen
DSCR loan for an LLC multiple members. Does the lender look at all credit scores?
10 December 2024 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Jorge Vazquez
I am wondering about a "sewer scope." Thoughts?
25 November 2024 | 18 replies
Not including septic of course because that;s an easier run.I would do a sewer scope even if just to know if/where there were branch lines or moderate blockages.....or even the bellies.
James Thompson
Flat Fee Real Estate Agent
27 November 2024 | 3 replies
Pictures work wonders and numerous studies have shown that pro photography pays for itself many times over.4.
Joe S.
Investing in your children/family in 2025
5 December 2024 | 25 replies
He finished the kitchen demo and removing all the carpet including the tack strips.