Makani Donaldson
How to be of use
3 February 2025 | 9 replies
That could be a someone you could offer your services to.
Alpesh Parmar
Need HELOC for a property under LLC
30 January 2025 | 21 replies
Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.
Jonathan Weinberger
I bought 1.5M worth of property in Detroit... Here are the numbers.
3 February 2025 | 56 replies
Good luck Total Rents Collected: $23,025/mo Debt Service: $12,358/mo (sad for me. 8% interest rates lol) Property Management 10%: $2,303/moReserves (Vacancy 5%, Maintenance 10%): $3,454/moPhantom Cash Flow: $8,365/moTrue Cash Flow: $4,911/mo (Money I can legit burn) bob as you probably know I owned a few hundred of these types of homes from DetroitCleveland to Jackson ms Birmingham balt city etc etc.
Michael Bell
How are people finding good deals in this market?
1 February 2025 | 1 reply
Transaction volume is basically non-existent.
Kwanza P.
Typical PM Rate for Distance Managing
3 February 2025 | 0 replies
Hi,For those of you using full-service PMs for STR properties in different states /far from where you live, what rates are you typically being charged ?
Ryan Rabbitt
Off Market Lead Generation - FuelPoint
24 January 2025 | 3 replies
I've seen a few different services like it.
Eli Ling
The tenant has a roach issue, even though my building has a monthly exterminator serv
20 January 2025 | 4 replies
Could be the tenant is not using the service, doing something to attract roaches or the exterminator isn't doing their job.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.
Duke Butterfield
Sell or Rent? (Self-Manage or PM?), 4 year-old Primary Residence to Rental Property
27 January 2025 | 14 replies
If you can’t do a 1031 to a non-income tax state, figure out a year when you will have lower income and tax rates ar as low as possible.
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
Hey all! For some of you investors that are purchasing in the Midwest, I'm curious what you're seeing as average cash on cash values for more purchases made with cash. As I'm analyzing properties, I'm just making sure...