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16 January 2025 | 7 replies
My first reaction to your post is if you're purchasing assets that are throwing off positive cash but your DTI is going up then it may be time to re-evaluate the type of assets or the expenses associated with those assets. 2.
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19 January 2025 | 21 replies
And then I want to progress into single family units and so on.
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12 January 2025 | 8 replies
If you're using financing, evaluate how a rate hike could affect your payments.
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7 January 2025 | 5 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.
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28 December 2024 | 1 reply
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies. I care about collections, not just bodies in the building. Many property manage...
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7 January 2025 | 0 replies
Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process
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3 February 2025 | 25 replies
The appraiser will need to come out and evaluate the new 4plex that you have and making sure you have the income to qualify for that new appraised value at 65-75% LTV and then you proceed with the cashout / rate term refinance.
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8 January 2025 | 11 replies
If interested in adding another state / city to the list I am happy to connect - but hopefully this is irrelevant and you are already progressing along well with your purchase!!!!
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2 January 2025 | 8 replies
I welcome any guidance, mentoring, and potential partnership opportunities as we progress in our journey.Thank you for the opportunity to connect.
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9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!