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7 July 2024 | 30 replies
Given your successful track record, you’re in a strong position to negotiate favorable terms, whether sticking with your partner, using hard money, or exploring new private lending options!
2 July 2024 | 8 replies
She doesn't like keeping track of her hours it's too much of a burden for her.
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2 July 2024 | 10 replies
Today's update is to let you know that it has not stabilized and is continuing to decline.At Bartomeo Property Management we track several key metrics to not only assess the market but to help us understand our internal operations.
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2 July 2024 | 7 replies
Very wealthy awesome people and they really like me......SOOO i explain the situation and they see my track record and BOOM I borrow 80k @ 10% APR interest only payments for 12 months with NO EARLY PAY OFF PENALTY (bless them) and i fix up the house and get a renter in there.
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3 July 2024 | 7 replies
There are some pros & cons for sure: Pros: 1 payment versus multiple easier to keep track of, some times higher LTV than individual loans. cons: there is a “break fee” on most, if you want to sell 1 or refinance 1 property in specific you’ll have to pay this fee to rebalance the blanket loan, typically 1-2% of remaining balance.
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4 July 2024 | 9 replies
$1025000 house vs $650000 house are in same track, same lot size, main SFR same square footage?
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2 July 2024 | 7 replies
Good stuff - you are pretty spot on - technically people max out under conventional loans at 10 - but oftentimes its with fewer properties as people run into hurdles before hitting 10, some of which you mention - wanting to diversify strategies, multifamilies, needing LLCs etc.I think you are on the right track for DSCR Loans - I always say that DSCR is really perfect for people in the 5-50 property range - typically conventional is the best fit with your first few, and then when ready to make the "jump" to scaling bigger and faster - DSCR is the best bet.
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2 July 2024 | 8 replies
Now Hurricane Beryl is coming and is currently tracking it's path to come right towards where our house is.
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2 July 2024 | 3 replies
You're on the right track and right place.
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3 July 2024 | 6 replies
Your rental agreement with a detailer is going to depend on the experience, quality and track record of the detailer.