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9 October 2024 | 15 replies
Go for a local manager, not an online, discount company like Evolve or Vacasa.Try to interview several managers.
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7 October 2024 | 9 replies
It’s similar to the mortgage calculators you can see online but can add extra payments.
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4 October 2024 | 1 reply
As far as refinancing, I work on the lender side and unless the property is livable and finished then that is not the route to go because the appraisal will be subject to until the work is finished.
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7 October 2024 | 12 replies
These documents should outline the terms of the investment, including timelines for refinancing, distributions, and the rights of investors if things don’t go as planned.
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4 October 2024 | 4 replies
Side note: My husband and I are currently funemployed (we both have seasonal jobs) until October, so not sure if we could qualify for traditional re/financing options at this time.
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2 October 2024 | 12 replies
Personally a cash-out refi could help me get more quickly into all-cash BRRRs or a REI venture in Spain, however I don't know to what extent this is at the expense of rental cash flows, and what is the wiser decision long term.I've combed through posts online and looked for Excel templates to run some calcs and get a sense, but nothing really filled the void...
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4 October 2024 | 3 replies
BRRRR is a low-cost real estate investing strategy that involves buying a distressed property, fixing it up, renting it out, and refinancing to pull out equity.
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7 October 2024 | 35 replies
We've strived to learn from other tech-enabled property managers and firms who have failed to scale effectively and implement those learnings in our scaling to now 180 cities across California and Washington state.For what it's worth:We have over 170 4-star or greater online reviews.
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4 October 2024 | 12 replies
I would love to hear any recommendations of online resources and/or podcasts to understand the market better, as well as RE investing in general.
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8 October 2024 | 10 replies
For a commercial loan at 7% over 15 years, you can use an online loan calculator to estimate your monthly payments.