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Results (10,000+)
Edward Suess-Hassman How to Start Out in Real Estate Investing in a High Cost of Living Area
4 December 2024 | 33 replies
It may be worth the investment if you decide to do out of state to eliminate any potential mishaps when it comes to timely repairs if needed. 
Thomas Loyola Are my assumptions reasonable?
26 November 2024 | 5 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Jamie Banks Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
I've reached out to customer service and received little assistance.
Nina Ning An applicant with credit score of 770 but no proof of past rent payments
27 November 2024 | 8 replies
We’re at November 25th and one of my 2 is late again and now applying for rental assistance for November and December rent because she can’t make ends meet.
Andrew Steffens Credit Card Points Hacking
6 December 2024 | 36 replies
I waive escrow on all my mortgages and pay taxes/insurance with cc, put repairs on cc, etc.
Tim Callahan In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
For as much as attorney's charge, they should be able to answer this question.The deposit can be used for cleaning, repairs, and unpaid charges.
Collin Schwartz Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
With a full time job even 15 units gets tough between collecting rent keeping repairs up, preventative maintenance, looking for new deals, managing refinances, etc. 
Account Closed Houston property management companies?
25 November 2024 | 6 replies
Account Closed  Let me know if we could be of assistance, we don't lock anyone to any long term contracts or penalizing to get out of.  
Anna Thanopoulou Material participation - proof to collect
26 November 2024 | 3 replies
This log should include:•The date of activity•The property worked on•Specific activities performedExamples of activities that typically count include approving tenants, setting lease terms, handling repairs, and other hands-on operational tasks directly related to managing the property.
Renee LeFevre House Hacking in Northern Virginia
25 November 2024 | 5 replies
Happy to connect and assist you in your real estate investing journey.