
27 September 2024 | 47 replies
If he doesn't want to invest actively there are ways to passively invest in real estate with companies that are vertically integrated.

27 September 2024 | 1 reply
What factors influence your decision—profit margins, market demand, or investment strategy?

23 September 2024 | 3 replies
This could threaten not only the financial well-being of your clients, but also the integrity of your tax practice.Here are some of the current schemes that scammers are using to go after tax professionals.Phishing Attacks Targeting Key Information: Scammers are targeting tax professionals through phishing emails and text messages that appear to be from the IRS in order to obtain sensitive information such as CAF numbers, PTINs and EFINs.

27 September 2024 | 3 replies
@Wendy JiangBe honest and say no as mold testing is typically only done when there are visual signs of mold and has never been any signs or complaints.There are many factors outside of mold that can contribute to breathing problems.I would offer that if you wish I can order a hygienist to come to teat for toxic mold - but if it’s found to be negative the costs for the testing would be at your expense.

24 September 2024 | 0 replies
A few things important to our team would be a strong screening/application process, tenant and team communication capabilities, and digital key/gate access integration.

24 September 2024 | 14 replies
I currently have RelayFi and love it, it has Profit First system integrated within its system.

27 September 2024 | 16 replies
I would do the math even to see if the amount of money you are losing every month is great than the appreciation factor.

26 September 2024 | 2 replies
The ones with the overall best deals, with all factors considered.Thank you,Bryan

26 September 2024 | 1 reply
I understand these numbers can vary depending on financing, market conditions, and other factors, so I’d appreciate any insights based on different scenarios:All-Cash Deal: If this were an all-cash transaction, what multiples or IRR would you consider acceptable or ideal?

27 September 2024 | 8 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).