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Results (10,000+)
Account Closed Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
The amount of equity I call pull is less than the cash I have but not significantly less.When doing this analysis it struck me that it may not be worth using a HELOC for the simple fact that the interest rate is ~9%* while the funds in my high yield account are only yielding ~5%*.
Meir Koplovitch Real estate investor in Birmingham, AL
8 January 2025 | 13 replies
Would be happy to connect on a call to discuss the BHM market more.
Chris Magistrado Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
But the lawsuit reveals details that are hard to ignore: emails, phone calls, and even group meetings allegedly used to share strategies for keeping rents high.
Nathan Harden Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Years ago, folks called it “AK run” due to its reputation of violent crimes.However, that’s just reputation.
Becca F. Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
This in a neighborhood that is slowly appreciating, some renovated homes mixed in with older homes, but is street by street:Purchase price: $130,00001% rule: meets about 0.88% Down payment 20% and closing costs: $29,493Rate: 6.99% conventional 30 yearMonthly payment PITI: $1009 (was $859 until property taxes increased recently) Current rent $1200 (increased from $1150)Property management fee 10%: $120 (was $115) Net cash flow (if no repairs called in): $71 (was $176)Net rental income most months: $170 (first month rent), $935, $922, $1035 (full month rent minus PM fee) $567, $760, $307, $963, $1035 (full month ), $535, $925, $1035 (full month but now property taxes increased), $585.
Craig Parsons Hot mess with a renter/squater how to get hew out ASAP
8 January 2025 | 20 replies
I would rather call the sheriff.
Scott K. STR insurance - Proper alternatives?
8 January 2025 | 13 replies
Farmers Insurance has a vacation rental division called Foremost. 
Najeh Davenport Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
We were surprised that Kiavi never thought to call the vendor of their software, or a database technician, to fix this.We provided the requested copy of our LLC articles of organization.
Ram Gonzales Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
if your asking me Joe  I suspect wrapping a DSCR loan would be an event of default with those lenders.. and one would risk having the loan called and a lot of times if you have multiple loans with the lender they can call them all in default..