Jacqueline Wright
Ready to Dive into My First REI Purchase—Auction Property with Hard Money or DSCR? An
23 January 2025 | 3 replies
The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?
Kate Zieverink McMinn
New to ADU - Checklist or Cheat Sheet?
17 January 2025 | 6 replies
The pro development and affordable housing advocates use the term NIMBY, but I suspect it is the rare person that buys in a single family zoned area that would be thrilled to have 17 units (qp16 additional units added) in the lot next to them.My initial protege was the land source on this effort.
Kris Reynolds
Looking to partner with experienced IOS developer
20 January 2025 | 2 replies
We have a large piece of land undr contract that we'd like to develop for IOS.
Joshua Alcantara
Finding Sellers with Messy Titles in Real Estate Wholesaling
26 January 2025 | 6 replies
Quote from @Joshua Alcantara: Quote from @Peter Walther: I've found many properties with title issues wind up with unpaid property taxes so checking on delinquent taxes, tax deed sales and lands available for taxes might help you identify some.Thanks, Peter, for the info!
Mike Ross
Land use optimization question
6 January 2025 | 2 replies
Id like to understand what the most profitable way to fix up a current 1,700 SFR in a 6,200 sq. foot lot would be? The lot goes from street to street. Plan would be to sell.
1. Keep existing building ($850K appraisa...
Mark G.
PropStream or PropertyRadar - Freshest Leads
19 January 2025 | 6 replies
its very robust for those looking for land and other things other than vanilla leads..
Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
Value of land?
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
30 January 2025 | 5 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
Franklin Marquette
ADU Valuation | LA County
23 January 2025 | 6 replies
Keep in mind the PPSF is the total value, which is land and structure.
Alex Zweydoff
Understanding The Florida Eviction Process and Laws
29 January 2025 | 2 replies
Navigating the eviction process in Florida can be challenging for landlords.