
15 October 2024 | 2 replies
My debt-to-income levels, by conventional banking standards, are good but not great.

17 October 2024 | 14 replies
It tightened up the system and made it harder to file those frivolous claims.I’ve been in real estate here for over 20 years, and while the storms are no joke, it's those past practices that really drove insurers out and drove rates up.

15 October 2024 | 5 replies
Also, if you've rehabbed this to SALE standards, you may only want to rent to Class A tenants that will take good care of the property.

15 October 2024 | 5 replies
Changing whole buildings over isn't always practical (or prudent) and we will be running buildings profitably with galvanized pipes in the walls for the rest of my career.
15 October 2024 | 69 replies
A place where we can review sponsors, provide direct feedback, positive or negative, and practice reviewing deals, now that the tide has gone out and we are starting to see syndicators and sponsors swimming naked.

13 October 2024 | 23 replies
He had a strong portfolio with solid cash flow, but the big banks just couldn't see past their standard debt to income calculations.What finally worked for him was connecting with a local community bank that actually took the time to understand his overall financial health.
16 October 2024 | 11 replies
I agree with many that have responded that one year financials and a revenue number from a schedule E would be standard.

15 October 2024 | 8 replies
She rented them out, occasionally sold for the appreciation, and bought more ... and more, and more.Successful and happy by any standard, real estate enabled Abu to buy her own home and homes for all six kids.

14 October 2024 | 37 replies
My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity.

15 October 2024 | 9 replies
When I closed on my first duplex in Harrisburg, Pennsylvania in August 2017, "the 2% Rule" was the gold standard for determining whether a property would cash flow.