
2 September 2024 | 5 replies
I hope it wasn't an Airbnb reservation, if so you would be looking at a hefty refund for missing amenity :(

3 September 2024 | 15 replies
Pleasant Hill, Southern Pointe, Midtown Reserve, or Southern Plantation.

2 September 2024 | 1 reply
We are building a cash reserve to fund more flips.

2 September 2024 | 22 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).

1 September 2024 | 2 replies
I am trying to balance my overall portfolio and would like some advice on how people would balance this if they were in my shoes to in order to reduce risk and increase overall gains.I currently have 2 rental properties and 1 primary residence as well as cash and brokerage funds.My main questions I’m looking for thoughts on are…- What percentage would you keep in reserves?

1 September 2024 | 6 replies
But if you have reserves, multiple exit strategies, and the ability to pencil out deals, you will be able to take advantage of these loans easily.

2 September 2024 | 8 replies
You also want to know about the HOA in general like the Reserve Account.

1 September 2024 | 1 reply
My focus is mostly on land banking, a convenience store, and, more recently, providing judicial services for a select handful of foreign investors.

1 September 2024 | 5 replies
I own a 20-acre campground with 13 log cabins, 10 RV spaces, 2 bell tents, primitive campsites, and a store.

3 September 2024 | 23 replies
We heard of guests who checked out at the end of their stay and decided to notify their credit card company they did not book the reservation.