Mitchell Catoe
Does anyone have experience with D.S.C.R. Loans
21 December 2024 | 10 replies
The DSCR program "Must use the lesser of the two either common rent from the appraiser 1007 rent schedule form on the appraisal or the lease".You also have to factor in the taxes and insurance because a guesstimate or ball park can kill the approval.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 45 replies
No one has a "crystal ball" to time the market perfectly.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
Mow the lawn, get some exercise.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.
Ben Lindquist
Qualified Intermediaries - Any good or bad experiences?
17 December 2024 | 8 replies
Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.
Dean Malka
Rehab costs estimations
18 December 2024 | 11 replies
@Dean Malka 10k for average kitchen and 5k for average bathroom Flooring is $4 a square foot for LVP HVAC $5k Electrical panel $2k.This is all ball park.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
This is especially important if you're on the younger side, as those returns can compound significantly over the next few decades.I'm in a small real estate mastermind group, and we all did this exercise with our own portfolios and identified underperforming properties and equity to reposition, and presented it the group for feedback.
Travis Boyd
Should I wait to form my LLC until after my first purchase
14 December 2024 | 6 replies
Nobody has a crystal ball or knows what the future holds.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
If this concept is unfamiliar, then continue to ignore it.In closing: The dangers of shifting the timing of your income, expenses, and business transactions.A purely mathematical exercise may indicate some beneficial timing for this or that.
Ke Nan Wang
6 Bedroom 5 Bath Multi Generation Co-living New Construction Investment Project
15 December 2024 | 2 replies
It was listed on Zillow for $110k and we made a low ball offer at $90k, ended up getting under contract for $95k.