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27 February 2025 | 14 replies
Do you have a developer/builder with experience that would partner with you?
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27 February 2025 | 22 replies
I'd like to hear about your experience.
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17 February 2025 | 3 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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27 February 2025 | 12 replies
Airbnb 's app is clunky and more difficult to use than Vrbo's.From my own experience and what I hear from most others you are in the minority with this opinion.
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25 February 2025 | 17 replies
.$25,000 in the Bank823 credit score3-5% revolving utilizationvery little debtZERO experience in anything real estate or construction relatedKnowledge acquired from listening to 123 audible books over the previous years14 months later...$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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27 February 2025 | 8 replies
If anyone has any experience with this, how can I remove my ex husband from this mortgage loan and still keep the loan terms the same by not refinancing it?
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27 February 2025 | 14 replies
The issues that most run into though is the property doesn't cash flow enough to support a higher LTV or most lender require a minimum FICO to qualify for the higher LTVs... some lenders have other experience requirements and reserve requirements as well... all depends.
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25 February 2025 | 10 replies
People say FHA loans are more strict but that wasn't my experience.
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18 February 2025 | 17 replies
Three Insurance (another Berkshire company) would also have written a policy if we had three years of hospitality experience.
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18 February 2025 | 4 replies
However, I’m curious if anyone here has experience in the area or insights on the market’s long-term potential.