
7 February 2025 | 41 replies
CA, in total continues to lose 100k's of population and continues to add onerous legislation, including the state rent cap they passed a few years ago (doesn't apply to sfr's though).I am not sure why anyone would want to jump in the deep shark infested waters right before feeding time, unless you have a clear proven strategy, or a very long time horizon.

21 January 2025 | 59 replies
It needs to be enough $ incentive to get them to stay, that's important.

3 February 2025 | 12 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).

10 February 2025 | 21 replies
I have the ability to find properties that all in costs including rehab and purchase would only be 70 to 80% or ARV on properties. due to this I have been trying to find lenders that allow for less down and rehab coverage since the properties are so discounted.

2 February 2025 | 7 replies
. $150k down, 5 year balloon, 8% interest, no inspections, repairs, or appraisal, $20k over asking, and most importantly.

24 January 2025 | 36 replies
Avantstay, a newer entrant in Houston's short-term rental market, offers owners a range of services, including impressive marketing, thorough guest screening, and comprehensive property management.

21 January 2025 | 5 replies
While there is no statutory holding period to qualify, it is important that you be able to demonstrate that your intent was to hold.

22 January 2025 | 2 replies
But I'd happily help you compare or verify if there are certain features or metrics you find most important!

29 January 2025 | 5 replies
I included a link below to your state's association with all the requirement info.Keep in mind that getting into Real Estate is not a cheap adventure.

18 January 2025 | 16 replies
Most hosts have a closet where they store extra supplies, so yes it's very important o have a locked supply closet.Hope this helps!