Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
(If not, then you should, IMHO)We're all in sales ultimately, and keeping potential business associates on a marketing list is our lifeline.Also, if you were "politely told" that it's not a great fit - how is this a problem?
Esther Iroko
Tenants not paying rent
21 January 2025 | 15 replies
Ok, then know when in over your head and tap-out!
Zach Howard
Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
Ok, I actually haven't found any deals yet as I'm still reading a few books and trying to wrap my head around real estate investing.
Brandon Dixon
100 percent financed/Juan Pablo reviews?
21 January 2025 | 38 replies
I think the moral to the story is always do your own research & utilize places like your local real estate investor associations where there’s a wealth of knowledge for free, without the costs associated with a program like this.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
20 January 2025 | 9 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
Jonathan Chan
How Are You Using your SDIRA?
28 December 2024 | 6 replies
I have rental property not associated with the SDIRA and for me it's much easier to manage.
Elijah Quinones
How to gain momentum as a real estate agent
3 January 2025 | 4 replies
This is something I have been struggling wrapping my head around.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
This is something that now NAR (National Association of realtors) requires as of August 17th 2024.
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 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).
Anthony Miller
Aspiring Residential Investor
7 January 2025 | 11 replies
@Anthony MillerYour property management experience is a major advantage as you start investing, giving you a head start with tenant screening, lease agreements, and maintenance coordination.