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24 December 2024 | 2 replies
For insurance in South Florida, I’ve heard good things about companies like Citizens and some specialized providers that focus on high-risk areas.
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21 December 2024 | 10 replies
DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?
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24 December 2024 | 2 replies
Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.
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30 December 2024 | 20 replies
Post on local Facebook pages for contractor referrals, go to local REIAs, and ask your potential agents and PMs (even if not using a PM at first...you may at some point).There is only so much that service providers can do and many of them are far from "experts"; so, be prepared to be your own expert at being willing to figure stuff out as you move forward.
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28 December 2024 | 11 replies
Contract does state: "Nothing in this Contract shall be interpreted to permit Seller to provide false, misleading, or fraudulent information to Buyer."
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15 December 2024 | 18 replies
If you don't provide the information that's fine, but it would be a transparent answer.There are hard money lenders who underwrite to DSCR standards with their own rules, and commercial loans with use DSCR in various applications.
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3 January 2025 | 45 replies
If you already do this, than like me, it is a lot of screening properties (40-65 per month at about 3-4 offers from that) and patience.Watch the ARVs right now as a lot of us are in a declining market--do not rely on anyone else but yourself to really provide the ARV.
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24 December 2024 | 8 replies
In our experience, working with a "company" is not going to provide the best service or pricing.
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26 December 2024 | 7 replies
We’re open to zero or slightly negative cash flow initially, as long as the deal provides solid equity potential.
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16 December 2024 | 1 reply
An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?