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Results (10,000+)
Jasmeial Jackson Collections and Property Management Challenges
29 February 2024 | 5 replies
For some reason, they will not release the original application, driver's license, SSN, employer, or references for the past tenant so I can provide the information to the new property manager to file for collection.
Brian Ciuchta Extended stay model with multifamily
29 February 2024 | 17 replies
I'm at a turn in my career where having 100+ units isn't sexy on top of that I like restoring communities by removing blight and offering employment opportunities and strategically in LMI areas that just have a stupid dogmatic mindset by the greater population that it's not an "ideal" area (i.e.
Kevin Brown Primary Residence to Rental - Advice on Next Step to Scaling
29 February 2024 | 8 replies
The real question here is whether you should Self-Manage or employ a Property Manager.
Tristan Bennett DSCR Home loans
29 February 2024 | 10 replies
There's pro's and cons.Pro's:Not reported on credit (doesn't damage DTI and can do unlimited loans)Low doc (no taxes, DTI, employment)Close in an entityCon's:Loans are higher rates, but not as high as some have said in this thread.
Caio Ferreira Torres House Hacking Every Year Not Possible?
1 March 2024 | 13 replies
This might entail looking into other income streams like freelancing or a part-time employment, starting a side business, or negotiating a raise at your existing position.Your DTI ratio may increase if you reduce your current loans.
Jay A. Questions to ask Turnkey Providers
29 February 2024 | 12 replies
If they provide you one, I would still say I am getting my own.I would ask for full demographics of the area, including incomes, home prices, education levels, crime levels, etc.I would want to see full tenant application and any pertinent backup verifying income, employment history, landlord references, etc of the in-place tenant.I would want to talk to the property manager, if they are coming with the property.  
Joe Gee Phil Pustejovsky / Freedom Mentor Experience (a joke)
29 February 2024 | 6 replies
After doing some research on the ‘director,’ Kory, he’s actually just a freelance/self-employed salesman based in Utah… I should have sniffed it out earlier in the process than I did because even in the 1stinterview, some of the early questions from the screener included how much money I make, how much I have in my bank accounts, my credit score, how much credit card debt I have, and what my credit card limits are…I was then asked if I was willing to ‘leverage my credit’ aka max out my credit cards to be successful.
Jesse Turner What Do You Use to Estimate ROI on a Specific Amenity?
28 February 2024 | 14 replies
Demand for short-term rentals is based on emotions, the allure of this view or that amenity or this undefined "feel" or "design" of a place.I'd love a pamphlet that says simply, "Hot tubs increase gross annual revenue by $22,000."
Shai Yona New to investing and looking to acquire my first multifamily property in Miami
29 February 2024 | 9 replies
Otherwise, FHA allows college graduates to apply immediately upon employment, though there are some more fees associated with FHA and the mortgage insurance is for life.
Nicole Elianna Getting Started--- What would you do in my position?
29 February 2024 | 8 replies
Ideally, I'd like my first few projects to be local to me in Atlanta/West GA/NW GA market as I get my footing but am flexible for the right deal (out of state or more south/east of Atlanta which I know investors are loving right now).If you are an experienced investor currently cash flowing 500k+ annually I'd love to hear your thoughts on my goals, pitfalls to avoid, strategies to employ etc.