Daniel LeGare
Dallas TX // Seller Financing Deal on the Table, First Timer
6 February 2025 | 9 replies
If you have a buyer's agent, you should have already signed a buyer's representation agreement and that fee/commission is disclosed in that document so you should very well know what that charge will be.If you were the seller and going to owner finance the property, what would you want to see from the buyer that tells you that they will be able to pay the mortgage moving forward.
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
24 January 2025 | 0 replies
Here's what you need to know about qualifying and managing costs, including realtor fees and other expenses.Why Germany?
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
HELOCs are usually variable rate and there may be yearly fees associated with maintaining the HELOC.
Maranda Tucker
Realtor-Only Showings vs Hybrid Models
5 February 2025 | 6 replies
The highest fee I've seen for assisting with tenant placement is 10% of one month's rent.
Jonathan Small
STR, Flipping vs Boring and Profitable Investing
7 February 2025 | 22 replies
@John Underwood what would you say was the key factor is making your LTR cashflow so much?
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Merrick Hidalgo
When to realize capital loss
6 February 2025 | 5 replies
@Merrick Hidalgo If your private REIT investment is returning only 10% of the principal and the remaining 90% is likely lost, the key factor in claiming a capital loss is when the loss is realized for tax purposes.
Tyler Garza
Newbie From Oklahoma
6 February 2025 | 4 replies
@Tyler GarzaYour "buy a new house, rent the old one, and trade up" strategy is a solid way to build wealth, but there are a few key factors to consider.
Christopher Hu
First Rental Property listing questions
4 February 2025 | 6 replies
Because a large percentage of the charges are base fees that do not change based on use!
Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
We charge a transparent monthly fee for this and our digital property management platform - but we are not a local property manager.We also give owners the ability to use a repair triage service and our vendor network, or address repairs with their own handyman.Our goal is to make renting better for owners and residents.