Jennifer Hung
Has anyone done recent business w/ Morris Invest or SDIRA Wealth?
3 December 2024 | 51 replies
Good tenants do not typically apply for overpriced apartments.
Drew Sygit
Who Clicks Past the FIRST Page of Google Results Anymore?
21 November 2024 | 2 replies
Most of the first page now seems like its sponsored ads so I typically will go several pages deep when researching something.
Tim Johnson
Lending for equity / convertible notes
19 November 2024 | 4 replies
Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?
Michelle Sharko
Home equity loan
19 November 2024 | 6 replies
It also depends on the situation sometimes a HELOC is warranted for short term financial needs so long as you have a plan to get back in the same or better financial position afterwards and the "means," and "will," to carry out this financial or mortgage plan- HELOC's are typically full documentation qualifying loans so you'll need actual income to qualify whether it be from pension, insurance, rental's, etc that are all fully documented on taxes, W2's, 1099 forms, etc.
Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
Typically what I advise clients is to self manage your first 2-10 units hire your management for 10-100 units and then have the management company scale with you when you get to 100-200 units.
Brandon Brown
Rough estimate to upgrade to 400 amp service
25 November 2024 | 8 replies
Typically you end up putting in a new meter socket, new panels and the new service.
Jordan Ryan
Best DSCR loans out there?
22 November 2024 | 28 replies
What you have been offered is well aligned with market though, typically at 75% LTV.
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
Wholesalers typically do NOT disclose to sellers that they will only close IF they can flip the contract for a greater price - hence the seller thinks they are the end buyer and that they have a “legitimate” buyer on the line2.
Joe S.
Off market deals! It’s easy find yourself some off market deals!
26 November 2024 | 44 replies
The folks cheerleading that it’s easy or typically the folks that haven’t done much of it themselves.. hopefully that’s a little clearer. just need to do robust SEO or so thats what I have heard.. all our deals come from Networking ..
Evan Smith
New Build Expense Calculations
20 November 2024 | 1 reply
Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.