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Results (10,000+)
John Rose New Investor from Texas
28 December 2024 | 6 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Rick M. What to do if tenant falls a month behind
25 December 2024 | 12 replies
In my lease, rent is due on the 1st and late on the 6th (and I file eviction on the 10th). 
Moe Chafei HI Everyone -
27 December 2024 | 3 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Jonathan Small Case Study: Cockroaches to Cash Flow
27 December 2024 | 2 replies
This provided a substantial return on the initial investment and freed up capital for future projects.Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)With a 40% expense ratio, the DSCR is approximately 1.45.
Alex Collins How to privately purchase a property from a buyer with a mortgage balance
29 December 2024 | 8 replies
Also I'm fully funding the deal with personal CASH.
Serena Lemmons Networking in Sacramento Area
25 December 2024 | 2 replies
I have not been able to find any in person networking events in my area doing a basic internet search.
Nadia Jones CRE Fund vs JV: Seeking General Information and Guidance for Setting Up
26 December 2024 | 2 replies
While there are definitely benefits to running a fund, it's tough to achieve success with funds as a beginner because oftentimes investors are attracted to the track record of the person or team running the fund. 
Roque Miranda Property management tool and application for tenants to pay
26 December 2024 | 6 replies
Personally I use RentRedi (free with BP Pro) for management and Zillow for applications and screening.
Gabe Chase Best Amenity to Add?
30 December 2024 | 13 replies
Also, what others have said, the personal touches on what is in your place (e.g. providing all the essentials instead of having people buy TP, coffee, shampoo, etc.) and the quality of those items (no tattered towels, stained sheets, etc.).  
Abriauna Garcia Advice for a first time home buyer
27 December 2024 | 3 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.