
25 January 2025 | 1 reply
(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?

3 February 2025 | 32 replies
I'm definitely someone who prefers higher quality even if that means building a portfolio takes a bit more time.

1 February 2025 | 16 replies
You'll generally still need some cash or liquid assets to get the deal done though even if they fund 100%.

5 February 2025 | 16 replies
.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?

30 January 2025 | 19 replies
IIRC, RW even charges hourly rate fees if a property consumes too much time.

29 January 2025 | 5 replies
I hope I added a little more clarity, I know that even in this post I am going back and forth.Thank you.

25 January 2025 | 8 replies
Even calling Airbnb or VRBO CS and telling them that you just looked for your listing and could not find it, will boost your algorithm ranking somehow.

5 February 2025 | 16 replies
Even with owner financing, his primary concern should be receiving payments.

25 January 2025 | 14 replies
If finding a new replacement is more difficult then get your new property under contract first even before your old property closes.

3 February 2025 | 12 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).