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Results (10,000+)
Steven Henao Video Marketing: Are You Getting the Most Out of It?
30 September 2024 | 3 replies
Hey Everyone,I’m the co-owner of a small production company focused on Esports and Gaming content, but I’m diving into real estate investing and fascinated by the intersection of video marketing and property sales.After doing some research, I’ve noticed the pricing and usage for real estate video services can vary wildly—from $100 to $5,000 for anything from basic photo packages to full video suites with drone footage and social media clips.I’m really curious—how does this align with your experience?
Garrett Dube 3 SFH Rentals | Goal is 50 units
29 September 2024 | 13 replies
Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft  non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props  to manage  .. owing 50 houses has major work load if they are section 8.. 
Jacqueline Lee Is “OPM” real or a myth?
2 October 2024 | 15 replies
I also agree with JD Martin-if you are using other people's money for basic things like a down payment, is it because you don't want to risk your own money (then why is it okay to risk other people's money) or because you don't have any money (if so why?). 
Steele Kruzel Cash out refi 80% LTV
26 September 2024 | 17 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).
Shawn McMahon Denver Colorado
3 October 2024 | 26 replies
Basically if you can qualify for the 3% down conventional program and have decent credit you are typically better off going that route but that program does have income limits that depend on where you want to purchase. 
Jason Xenakis How do you effectively choose a real estate agent: The Real, Real Estate Agents?
3 October 2024 | 46 replies
I suggest when unsure and don't know, get back to basics.
Soumojit Sarkar Hold on sell
29 September 2024 | 9 replies
You basically outlined your issues and no one can help you with that. 1) The market is the market.
Jaiden Alivera Future investor looking for advice
29 September 2024 | 4 replies
It will familiarize you with the basic terminology and benefits.
Kelly Rao Anyone have experience with Nomad?
2 October 2024 | 17 replies
They charge me 7% for the basic guaranteed rent service (along with the listing fee) and then if they do manage any of the tenant work orders there is an additional fee on top of that because I only signed up at the lowest level where owners manage work orders. 
Matthew Samson Should I engage a CPA now or wait until we've built up a basic portfolio?
25 September 2024 | 17 replies
We're still a ways off doing any transactions, and when we do I can probably figure out the basic financials on my own.