Paul Lucenti
Strategic ways to scale
23 January 2025 | 8 replies
What occupancy percentage and turnover cost did you factor in?
Felicia Jenkins
House rent or not outside Atlanta
21 January 2025 | 15 replies
I mean by safest is on the volatility, for example STRs have many different factors, seasons of the year, local government regs and much more.
Jason Dubon
Small Multifamily - Maintenance/Expense Project
5 January 2025 | 7 replies
Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs) depending on these factors.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
What are some questions that you can ask to each of the required team members(PM, Agent, etc. ) to ensure that goals align and they are best fit.
Celli Mowery
Who has interest in Kentucky?
10 January 2025 | 26 replies
There is a barrier to entry, and the city is pro business, but our market had much better metrics.Lower entry points should not factor into getting in a market.
Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
Focus on factors like what is driving cities to grow both in population and economics.
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 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).
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
Scott Weston
Highlands Cashiers Market
23 January 2025 | 11 replies
Sapphire is much more of a vacation home community.The deciding factor for me was that Sapphire and Cashiers don't have a lot to do, except for golf and hiking.
Garry Lawrence
Mass Shooting Near Property I'm About to Buy – Should I Back Out?
12 January 2025 | 7 replies
What factors should I consider when making this decision?