Michael DeCicco
Need professional advice: DTI/Financial Liability Question
18 August 2022 | 2 replies
The Lender would look at your tax returns to calculate your portion of the net profit from the LLC, and only that would be used to offset the $180K loan - so chances are it would just make a dent in the $180k mortgage and not wipe it off completely rom your DTI unless it's a major cash flow machine.Since you are currently the only borrower on the loan, I'm not seeing a way to completely eliminate it from your DTI.
Supada L.
First rental turned out to be negative cash flowed.
21 January 2021 | 191 replies
My basic advice: Avoid (My mantra is never) buy a property that is away rom your residence and depend upon expensive property management companies or Hotel programs to generate cash flows.
Kevin Polite
plumbing fixtures best place to buy
2 November 2023 | 14 replies
Quote from @Rom NA: Quote from @Kevin Polite: Are the Plumbing Supply places better and/or cheaper than Lowes/Home Depot where are the best places to get your tubs, faucets, etc Yes Plumbing Supply places are better Still true.
Dan Romero
Contracts?
13 April 2013 | 7 replies
Try to negotiate a flat fee.Get this book:http://www.amazon.com/Complete-Book-Estate-Contracts-CD-ROM/dp/1572485280
Nooshin Detches
ROM for new construction
24 June 2016 | 5 replies
Hello, Houston. Me again.
What's the average cost per square foot for new build 2 story, single family on concrete slab with open space layouts, 3bd/2.5ba, attached 2 car enclosed and central air?
Thanks!
Belinda Lopez
David Corbaley's Command Lead System - any reviews?
29 April 2023 | 86 replies
Now, if you can hit 200% ROMS (return on marketing spend), you become unstoppable. 300% wow.It's all about finding the winning return on spend, then scaling.
Grace Ng
Real Estate Booth Ideas
13 October 2015 | 7 replies
I sometimes like to get a nice classy bouquet from a florist for the table.The giveaway is a great idea- make it something good, that a people might want, but not too pricey for you (ipod shuffle?)
Joshua McGinnis
Possible to "Rehab" remotely?
30 November 2014 | 24 replies
We also take specific shots of anything requiring repairs and submit a ROM (rough order of magnitude) on repair costs, along with a recommendation on the course of action and the length of time to include in the Cancellation Option (TREC Sect 23), which is the only real contingency in our contracts.If the investor chooses to proceed and is a buy & hold investor, they have 2 choices.
Dennis Yosco
Just caught a unicorn! Seller finance
28 July 2021 | 12 replies
I love growing flowers so I brought her a small bouquet of flowers from my garden.
Jorge Vazquez
Most real investors should not buy from realtors....
6 December 2021 | 105 replies
It's up to us to find deals and analyze them. ...except very few REA know how to analyze deals rom REI's point of view.