Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
Lenders typically look for a DSCR of at least 1.25, meaning your monthly rent should cover the loan payment plus 25% more.Seasoning: Some lenders may require a waiting period of 6 months or more before refinancing, so check with your lender to see if this is an issue.If the numbers align, refinancing could allow you to recoup your $136k investment without selling.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
I agree, its easy to say oh I want cash flow, but ultimately, most of the gains are made with appreciation and principal paydown over long periods of time.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly.
Caleb Rehg
Renting to College Students
12 January 2025 | 23 replies
Some say grad students ok, not undergrad, others say no students period.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
Many newcomers spend their first few years working under a sponsoring broker, and during that period, the broker often earns a significant portion of the revenue.
Michell Chase
Builders risk insurance companies
18 December 2024 | 2 replies
Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
I do mid term rentals during my STR dead season(3 month period) and the furniture gets beat up.
Rehaan Khan
New to mobile home investing, looking to network with like minded people!
24 December 2024 | 5 replies
That is mobile home park investing day one, first period lesson plan.
Erick Pena
Advice Needed: Identifying "Good Deals" in Real Estate Investing
16 January 2025 | 12 replies
Once you've identified what's important and what ratios to look for to evaluate a property, all future deals should be weighted against those "good" ratios/numbers - and periodically adjust to suit your goals.
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
The lender will require that you live in it for 12 months and then you can rent out all of the units after that and start the buying process using the same strategy all over again after that 12 month period.