
7 December 2024 | 8 replies
Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.

6 December 2024 | 27 replies
Given your experience managing 138 doors, you already have a significant advantage in understanding tenant needs, property maintenance, and financial planning.Key tips:Focus on personal finances: Keep building excellent credit and maintaining healthy reserves.Financing: Explore loan options like conventional, or DSCR loans to maximize your purchasing power.Location: Research neighborhoods with strong Section 8 demand and landlord-friendly regulations.Due diligence: Analyze properties carefully, factoring in rehab costs, property management, and cash flow potential.Your expertise and willingness to learn put you in a strong position—best of luck!

12 December 2024 | 18 replies
I was shocked as I thought it would be very simple (which it is), but some syndicators will use funny math such as not counting fees, placing expenses on a quarterly or yearly basis when using IRR (backloading to end of year).

10 December 2024 | 14 replies
You would either need to sell and pay commissions, closings costs and maybe tax on some proceeds OR you would need to pay fees and closings costs to refinance.

6 December 2024 | 3 replies
You can write into the agreement that the borrower pays the servicing fee.

13 December 2024 | 20 replies
I usually try to work things out with people, saves a lot of attorney fees and makes for a better life.

6 December 2024 | 36 replies
I believe most places charge a 3 percent fee or more

8 December 2024 | 21 replies
I tried getting heloc from my large bank, However I was denied due to my income. if you can't get the credit lines for some reason from your bank then they have resources for that, even their own cpa you can use for a fee.

5 December 2024 | 6 replies
The length of time you're carrying debt is a factor to consider.

6 December 2024 | 4 replies
The assignment fees then enabled me to roll into other strategies, buy and hold, fix and flip.