Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
There is no additional "risk" on the note like a demand clause etc, but you have extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.
Andrew Cargal
Don't use The Mortgage Shop
6 February 2025 | 2 replies
Even as a broker there are many sleazy Account Executives that try to win my business with terms or extra compensation.
Ryan Brown
How to deal with ignorant tenants?
6 February 2025 | 7 replies
(I work with some challenging populations and the extra effort has paid off in these situations.)
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes the Class feature Cost a bit extra which is a bummer bet the support for it is amazing, and it is easy to allow access for Tax Accountants to pull the reports they need rather than my clients playing middleman.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
They had been paying those extra taxes for ~10 years since the last tax reassessment.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
So I would suggest keeping your STR property geographically close and doing as much as possible to keep your profit% high as possible.As far as the actual house you use, I would just say - be honest, be fair and strive for the best area, most amenities, cleanest house, best communication, and any other extras you can get.
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
27 January 2025 | 8 replies
What are you hoping to get out of the extra time, work and costs of having the LLC?
Thanh Lu
How to screen guests who book directly instead of Airbnb, VRBO, etc
15 January 2025 | 12 replies
Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.
Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
Quote from @Caleb Brown: Someone else asked but what would market rents be including the extra storage?
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.