Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
Ditch the red rug, increase art and add dresser, bedside tables to bedrooms.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
And are there any big red flags that make you walk away from a deal right away?
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.
Chris Lo
Platforms for landlords
7 January 2025 | 3 replies
If you really want to dig deep, pretend to be a renter and schedule a walk-through.
Mike Ross
Land use optimization question
6 January 2025 | 2 replies
Hello Mike, It is nearly impossible to answer this question without taking a deep dive on the numbers of each but often times in expensive markets like Seattle the cost of construction is so high that it doesn't make sense to tear it down unless you can build something way bigger/nicer.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
It will happen in red AND blue states.Why?
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
19 January 2025 | 8 replies
Knowingly buying into the red just because of financing terms is a very unhealthy way to invest.
Kody Smith
Transition from SFR to Multi Family 10-20 units
6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
Christi Wolverton
Credit card payments declined
16 January 2025 | 6 replies
We've only had one resident fail to pay rent, and it was someone who had all the usual red flags, but she also had a sick kid.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
If they are good, they don't have a problem finding work so doing your project at a deep discount makes no sense for them.