Kyle Carter
New company in area
9 January 2025 | 4 replies
Reports came out that impact would be 7x that.
Chris Boling
Cincinnati Property Manager
2 January 2025 | 11 replies
Do you provide move in and move out reports How many pictures do you take of the property prior to tenant moves in and after the tenant moves outDo you get weekly reports when the property is vacant what prospective tenants are saying about your homeDo you provide monthly newsletters to your tenantsDo you hold investor education classes to help me become a better investorDo you have single point portfolio based management services?
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
So far I have just used www.mysmartmove.com which is recommended by BP, but it doesn't give an evictions report, only credit and criminal reports for $25 which means I would have to use another service to do the full background check.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
When I ask for an income report, I received a spreadsheet with multiple units.
Josh Edelman
Las Vegas Market + News for December
5 January 2025 | 0 replies
🏡 Real Estate Market Report (Single-Family Homes)📊 Mortgage Rates:30-Year Conventional: 7.10%30-Year VA: 6.45%💰 Median Sales Price:October: $485,000November: $484,995December: $484,500📈 New Listings:October: 1,959November: 1,498December: 1,175📅 Median Days on Market:October: 22 daysNovember: 24 daysDecember: 29 days📦 Months Supply of Inventory:October: 3.3 monthsNovember: 3.2 monthsDecember: 2.7 months🤔 What Does "Months Supply of Inventory" Mean?
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
Your screening is limited to ONLY what RentRedi thinks should be part of the screening process, and rent payments...well, you will be reported to the IRS for the fees RentRedi charges..and RentRedi will not give you their W9 to write those off as an expense.
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
So many people have reported that after letting the inspector in they have received summons for no sense reasons, what makes me afraid to let them in.
Desiree Rejeili
How Home Equity May Help You Buy Your Next Home in Cash
30 December 2024 | 0 replies
According to an annual report from the National Association of Realtors (NAR), 26% of buyers were able to buy without a mortgage (see graph below):Imagine buying your next house in cash.
Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?