
20 October 2024 | 3 replies
I have way too many tools/supplies for an apartment and a very high drive German Shepherd.

19 October 2024 | 14 replies
Tasha,Congrats on the success so far and even though there is a $100 cost in AZ its not that far of a drive to Las Vegas or to NV in general.

22 October 2024 | 7 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
21 October 2024 | 9 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).

16 October 2024 | 22 replies
This could drive prices up and make things worse.The better option is to buy now when there's less competition.

18 October 2024 | 25 replies
The same will hold true in any market you examine I am just using my own market to drive home this point.

20 October 2024 | 3 replies
Communication is SEVERELY lacking from all the agents involved plus the brokerage.Finally, I just drive to the sellers house in person and knock on the door.

21 October 2024 | 28 replies
Don't buy turnkey when they are already factoring all the headache cost to you, and there's no guarantee a future headache won't happen.Having a 5 year old, a W2 and living in Cali is nothing.

23 October 2024 | 27 replies
Ensure the appraiser accounted for things like the square footage, recent improvements, location benefits, or other factors that impact value.

21 October 2024 | 176 replies
What mechanism would be driving such "cycles"?