Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside.
Spencer Thomas
[Calc Review] Help me analyze this deal
18 January 2025 | 4 replies
I’d dig into this a bit more.Another assumption that stood out to me as potentially problematic is the 6% income growth and only 3% expense growth.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
Katie Hendrickson
Seeking Advice: Selling and Financing a Geodesic Dome in Eureka Springs
12 January 2025 | 1 reply
It also features a minisplit HVAC system and PVC exterior covering.We plan to market it as a vacation rental, given its potential appeal to eco-conscious travelers and those looking for a distinctive getaway experience.I’m reaching out to see if anyone has experience with selling or financing geodesic domes.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.The back story is that I am about 90% done rehabbing a home for a rental.
Ronit Lodd
Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
21 January 2025 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
Missing these dates can have dire consequences.Schedule third-party inspections early and submit lender applications promptly.
Richard Bautista
Would like to connect with a team based in Cleveland Ohio
12 January 2025 | 5 replies
Quote from @Richard Bautista: Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
Maybe it's a processing fee, an application fee, etc?
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
Most people don't qualify for that relationship.The seller financing will not show up or affect the credit score.However, when applying for a loan at the bank or especially a Federally Guaranteed loan, they ask on the application for ALL Loans, whether or not it shows on a credit report.