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18 May 2024 | 1 reply
You want to establish a reputation for our properties going down the assembly line consistently.
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17 May 2024 | 3 replies
A loan from yourself to your newly established LLC?
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17 May 2024 | 8 replies
(Not actively purchasing as my money is tied up in the market right now)...so with the 2 lenders i've gotten here:STR DSCR Rural (not a log cabin or other non-conforming structure) just remote sfrHybrid loan 15% down, interest only investment loan with seller paid points to get to ~8% and reduce closing costs DSCR would use long term rental rates to establish monthly DSCR and then offset monthly with average DTI and 800+ credit and high cash reserves as long as DSCR is .75+additional appraisal to establish STR rate estimates to be used alongside the standard long term rental rates5 year prepayment penalty with reasonable terms
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17 May 2024 | 1 reply
So think about markets that are actually logistically accessible to you, , because you need to get in these markets enough to really learn them and establish credibility, , with the brokers. , I'm trying to think what else?
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17 May 2024 | 1 reply
Before you consider going into a venture with somebody, establish the roles first.2.
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17 May 2024 | 2 replies
And it's not just content, she keeps you accountable to take action (right-sized each week so it's not overwhelming), and to network with your peers in the program, as well as your circles outside of the program to establish yourself as an investor with integrity to attract quality private money lenders.Key highlights:* 6 weeks with 1 class per week, and some bonus classes - every minute of each class has been worth my time* engaged community members via Circle, many I know I'll stay in touch with* purposefully small group, allowing Soli to provide dedicated attention* having access to Soli - she reviews all posts and homework assignments with great care, and her feedback is SO valuabletools to CASE (Copy And Steal Everything) and systems to scale - ex. pitch deck, email templates, BRRRR analysis, and so much more* practicing your pitch at the end!
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17 May 2024 | 2 replies
While this affiliation might bring certain advantages like integration and streamlined services, it’s also worth noting that many tech entrants in the property management sphere sometimes miss the intricacies of real estate management, focusing heavily on financial aspects instead.If you're looking for alternatives, you might want to consider other established platforms that specialize in property management, like AppFolio or Buildium, which are paid services but widely recognized for their comprehensive features and security measures.
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16 May 2024 | 7 replies
They may use different methods to establish value based on market, conditions, and availability.
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16 May 2024 | 11 replies
I had a similar situation with established snow birds renting Dec 15 to March 31 for a price that had not been adjusted for over 5 years.
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16 May 2024 | 13 replies
Without payoff and lien info, this is a complete gamble for you, IMO.