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20 October 2024 | 14 replies
DSCR and hard money makes this pretty easy, but you would still be expecting to put down 20% on DSCR and a bit less on hard money.
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18 October 2024 | 2 replies
That said, expect to deal with a fair amount of fluff leads.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.
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22 October 2024 | 20 replies
I would suggest looking up similar rentals in the area to see what the trends are and what features are offered at the price point you are expecting.
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18 October 2024 | 8 replies
. - I think prior to a walkthrough the seller has little/no relationship with you as a potential buyer, so I wouldn't expect more than a rent roll and a list of expenses.
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21 October 2024 | 59 replies
I suppose you could say the benefit is realized if rate comes down but nobody expects that near term and the early few years are going to be highest to a borrower who is motivated to pay off his mortgage, either AIO or fixed.If a borrower got a fixed and threw his money to principal every month (aside from emergency fund), even if he made that payment inefficiently (last day of month), it still is better than being super cash efficient at a higher rate.
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25 October 2024 | 33 replies
It's one of those things that you just have to keep on keepin on because at the end of the day, it only takes one seller to change your life.I wasn't expecting to hear from anyone until I sent out letters for a year.
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20 October 2024 | 17 replies
My tenants expect what they pay for.
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18 October 2024 | 4 replies
I would expect that to happen.. you eat the time but should not eat the cost of the fix.
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18 October 2024 | 4 replies
My life is taking an expected turn and I'm in a kind of pinch.
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17 October 2024 | 20 replies
Why get an MTR far away when you have to furnish it and expect 4-8 guests a year instead of an LTR closer with 1 tenant a year even if you make less so you can learn more?