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7 January 2025 | 2 replies
Direct mail to this address for 8 months.
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31 December 2024 | 13 replies
Since our residents are traveling "light" to a furnished property, their coverage only costs a few bucks per month.
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7 January 2025 | 8 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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5 January 2025 | 2 replies
It is not clear to my what you waht from your post.You raised 4M in 2 months.
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8 January 2025 | 6 replies
It's my understanding that the previous auditor only had the position for eight months, jacked everyone’s taxes up, and then resigned and passed away.
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20 January 2025 | 23 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).
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9 January 2025 | 20 replies
Quote from @JD Martin: Quote from @Benjamin Weinhart: Speaking to your item #6, I was actually told by the staff here over the phone maybe 5-6 months ago that DMing someone is fine so long as it's not a copy/paste ad and is specific to the individual.
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5 January 2025 | 0 replies
🎉 Monthly Las Vegas Market Update – January 2025 🎉Here’s your monthly Las Vegas market update, along with some local highlights.
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10 January 2025 | 1 reply
Once you know what your monthly costs look like, you can make a sharper call if a sweet off-market deal pops up.
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9 January 2025 | 4 replies
You just divide the monthly rent by the purchase price.