Justin Smith
noise complaints - couple fighting - NEED ADVISE
2 January 2025 | 10 replies
Period, end of story.
Austin Tess
Questions about refi
29 December 2024 | 8 replies
@Austin TessMany lenders have a seasoning period (typically 6-12 months) before you can refinance.
Thomas McPherson
Opinions on CABIs?
13 December 2024 | 2 replies
Hi all, I have personally been using CABIs to extend my lending capital.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
If you are willing to do this over a long period of time, this can be a great strategy, especially in a low-inventory market.
Pierre E.
300k average profit on a flip - is that real?
28 December 2024 | 7 replies
My advice would be is to talk to multiple investors who have real world, actual success-based experience in flipping over a sustained period.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
In our experience, things move in ebbs and flows and the speed of rental depends on your asking rents relative to competition.For example, there was a period of several months at one of our properties when a 3 or 4 BR unit came on the market it rented almost instantly.
Gary Campanaro
Housekeepers want 50% without Cleaning
9 January 2025 | 17 replies
If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.
Colleen A Levitt
DSCR out of a DSCR?
9 January 2025 | 15 replies
Lenders typically look for a DSCR of at least 1.25, meaning your monthly rent should cover the loan payment plus 25% more.Seasoning: Some lenders may require a waiting period of 6 months or more before refinancing, so check with your lender to see if this is an issue.If the numbers align, refinancing could allow you to recoup your $136k investment without selling.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
I agree, its easy to say oh I want cash flow, but ultimately, most of the gains are made with appreciation and principal paydown over long periods of time.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
Many newcomers spend their first few years working under a sponsoring broker, and during that period, the broker often earns a significant portion of the revenue.