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16 September 2024 | 28 replies
I'm impressed by what I've seen from Quality Builders.
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12 September 2024 | 23 replies
We need to find a way to reward high quality, human generated content, and deprioritize low value posts to discourage workarounds.
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11 September 2024 | 5 replies
If so, speed/sense of urgency is probably the most impactful thing you can do.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.
11 September 2024 | 8 replies
Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.
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12 September 2024 | 11 replies
From my research, it seems like a good ARV is 60 - 80k depending on the size and quality of repairs.Shreveport in general is a steady community.
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10 September 2024 | 0 replies
Another useful feature is enabling online payments, which makes it easier for customers to pay and can speed up the process.
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12 September 2024 | 9 replies
Consequently, when you get a DPA loan sponsored by the state, you look for expertise, care, and quality from the lender because there is no significant difference in price.
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11 September 2024 | 9 replies
Any other suggestions for analyzing the quality of the offering and the group making the offering?
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14 September 2024 | 16 replies
First, invest in high-quality photos specifically tailored for STRs.