19 December 2024 | 5 replies
Keep pushing, trust your gut when it’s backed by solid info, and keep leaning on the people who’ve trekked a few miles down this path before you.- Dennis Bragg & Jasper
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20 December 2024 | 4 replies
@Chris Kay it's VERY difficult to cashflow with 0% down purchases.We do 0-10% down Land Contracts and know going in we may actually have negative cashflow - which is acceptable given the low down payment and avoiding mortgage costs.
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16 December 2024 | 11 replies
Right now my debt is sitting at around 154k (8k outstanding interest payments).
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19 December 2024 | 24 replies
The bids I won, are down payments on property that has "small" balances under $20K but I do not see how this is legit.
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23 December 2024 | 13 replies
I turn to them to list the rental, which just means another form of payment for them.
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17 December 2024 | 16 replies
Sue the seller, any payment delinquencies should have been disclosed.
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17 December 2024 | 3 replies
Rocket Mortgage (my current lender) quoted me $100,000 for a 20-year loan at a 9% interest rate, resulting in a monthly payment of around $1,000.
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15 December 2024 | 4 replies
List the property on MLS or with a trusted real estate agent, and market aggressively through social media, local advertising, and open houses to generate interest.
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10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices.
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19 December 2024 | 14 replies
However, if locking in lower rates and simplifying payments are prioritized, DSCR refinancing on both properties could be a better long-term play.What’s your next investment strategy—another rental or a flip?