Julia Dunigan
True Property Seekers
23 January 2025 | 2 replies
Going to property tours inspired me to obtain my real estate license in the state of Georgia; and look further into property investing and helping others achieve their real estate goals.
Chris C.
Anyone have experience with Elite Funding Group LLC
28 January 2025 | 17 replies
@David Matarazzo Did either of you move forward with them for property loans?
Eli Edwards
Has anyone tried this?
23 January 2025 | 4 replies
Quote from @Tanner Pile: @Eli EdwardsJust like Tanner said, a quitclaim/promissory note must be added to the property.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
You might be surprised, but your rental properties have more in common with dividend-paying stocks than you think!
Michael Velez
Beginner Real Estate Investor
24 January 2025 | 13 replies
It’s also worth considering a multi-family property for your first deal since it can help with cash flow.
Kevin Connauton
Searching for a Property Manager for my Rent by the Room Property.
29 January 2025 | 6 replies
@Kevin Connauton, I agree with you that although Pad Split is a great choice for getting the rooms filled, they don't cover all your bases in terms of property management.
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
@Tomoko HaleWith STRs its not just purchasing the property.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
Basically - I want a PM who keeps the property in good shape and occupied to get paid, and a PM who is either bad at maintaining properties and finding good tenants, or just really unlucky, to not get paid.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Luke Hamlin
Equity/Financing an Investment Property
29 January 2025 | 3 replies
Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.