
24 October 2024 | 16 replies
Some insurance carriers will have different policies that do not cover contents since the contents are mostly the renters, speak with your insurance agent about coverage options.There are 15% down DSCR financing options.

20 October 2024 | 84 replies
If you have positive cash flow, and you use your own cash to pay off the property, you are adding to your cost.If you have negative cash flow, the negative comes out of your pocket and adds to your cost.If you try to change negative CF to positive by adding to the down payment, thinking the lower mortgage payment will change the negative to positive CF, you are only paying the negative CF upfront,...and still adding to your cost of the property.Profit starts AFTER you have recovered your cost (cash) in the form you paid for it (cash flow).

22 October 2024 | 14 replies
The goal is not to evict but to get them to pay but you need to protect yourself and sometimes tenants need negative reinforcement.

23 October 2024 | 38 replies
I’m sure they would be more than happy to speak on their experience.If any of you have any questions about our program feel free to ask me on this thread or schedule a call.Wish you all the best and happy investing.

24 October 2024 | 33 replies
I can imagine it going the other direction really quickly if you get "negative" section 8 tenants and a poor Housing Authority.

17 October 2024 | 26 replies
Seems a lot can go wrong with this and I wanted to speak with existing investors and see what has gone wrong with this in the past and how have then fixed it.

19 October 2024 | 7 replies
The numbers provided are cash-flow negative so that doesn't help.

17 October 2024 | 4 replies
That impacts me negatively now (compared to 6%), but supposedly was to prevent IRS questioning/audit in the future.

21 October 2024 | 28 replies
It would be an honor to see you again mate.I'll shoot you an email.Keep being great and speak soon

17 October 2024 | 19 replies
She offered to pay a full rent's payment upfront, along with the deposit, to compensate for her current unemployment.Are there negatives or major red flags that are associated with this that I should consider as I evaluate her application?