Lolo Druff
Looking to buy my first investment property
15 December 2024 | 30 replies
My questions in my post are solid, my info about Cleveland is accurate based on Cleveland neighborhood grades and Cleveland health systems, and my property values are fact.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
In the next 25 years the population of 400,000 will probably double due to the young having kids, bette health care, migration from poorer countries and Expats.
Erich Oertel
What cities are still great to invest in
6 December 2024 | 45 replies
For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.
Allen Duan
Anyone in Las Vegas looking to learn more about MTRs?
1 December 2024 | 24 replies
Currently work as an RN and thats how I heard MTR as a strategy to REI that caters to travel nurses and health professionals.
Mostafa Koperly
MSO medical service organization investing
30 November 2024 | 9 replies
Due Diligence: Investigate the MSO’s financial health and west coast strategy to better understand your risk exposure.For deeper insights into structuring deals and assessing investment risks, I’d like to invite you to our Zero to IPO webinar.
Roger Mace
Should you refinance a DSCR?
27 November 2024 | 11 replies
Analyzing the impact on your overall financial health is critical.
Katie Camargo
Transferred contract to LLC, wondering why we still have to sign with our names
28 November 2024 | 4 replies
Depending on your financial status and the health of the LLC and investment it holds they may require a personal guarantee, which would also be you signing as your legal name.
Majdi Chowdhury
Seller Financed Home - looking to do DSCR loan or is there something better?
25 November 2024 | 11 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).
Harsh Poshti
Mixed zone property investment ideas
24 November 2024 | 5 replies
For illustration purposes, it's quite normal to acquire a mix use building consisting of 9 residential units + 1 commercial space for less than a 9 unit multi-family building would trade in the equivalent location because the commercial space is an automatic disqualifier for many investors.
Patricia Via
should I manage alone or property manager?
2 December 2024 | 13 replies
In my first two years of management, she earned over $20,000 net profit, the property was in better condition, she could quit her full-time job, and her health significantly improved because she was no longer stressed.