
13 November 2024 | 23 replies
My assumption has been DSCR is the main driver, coming from my institutional experience (larger deals) we usually target a 1.2 and over DSCR.

14 November 2024 | 25 replies
Usually landlords don't care but some tenants prefer a basic app like Zelle/Venmo.Full transparency: I've used Venmo and Zelle in the past to collect rents.

15 November 2024 | 6 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

13 November 2024 | 8 replies
Quote from @Albert Aitov: Hello everyone,I'm looking to start investing in real estate in DFW metroplex, but I'm having a hard time finding lenders that can finance my purchase price + renovation costs, I called to about 15 different banks (and all of them have different issues).Initially I was trying to find a lender that can finance 100% of the deal if it falls within 70% of projected ARV (I follow a few real estate investors that suggest to find such lenders, it is usually small local banks), but I couldn't find any lender like that in DFW.

14 November 2024 | 2 replies
I requested the water and sewer maps from metro, but this time it was different than usual.

14 November 2024 | 8 replies
Built-in accounting software, keeps track of everything better and helps for tax returns at the end of the year3. multiple payment options are usually available for residents4. maintenance requests all in one area, easier to keep track of and keep residents informed of the status5.

13 November 2024 | 3 replies
In terms of a soft spot, that's usually the subfloor and not the LVP (I'm assuming that's what you meant).

15 November 2024 | 8 replies
Ive certainly purchased properties at serious discounts to the listing price....but it wasnt just random shotgunning of the offers.What I usually start with when trying to see if a lowball offer is appropriate is having a conversation with the listing agent first.

14 November 2024 | 40 replies
Selling hope is such an apt description.

14 November 2024 | 9 replies
How long does it usually take to earn your first commission?