David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Need more information surrounding why your current lender is suggesting they cannot utilize the rental income on your investment property.
Amit Chugh
Section 8 Property
5 January 2025 | 5 replies
Also, be sure to check with the section 8 agency managing the tenants - sometimes if you pass on an additional cost like that they will no longer be eligible to live there if the rent and utilities exceed what they were approved for.
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
I can only speak regarding structuring the deal as I have not utilized partners personally but it really can be anything that you want.
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
.$8,981 mortgage at 7%$2,918 expenses monthly 33.38% of Gross rental income (Prop mgt, maintenance reserve, utilities, Prop Taxes, Insurance, other)$6,852 NOI/monthly ($2,129) negative monthly cash flow..Same scenario with 50% down, $864 positive monthly cash flowNot saying it's the best use of capital or the only way to do it, instead providing an example using an available market opportunity to share what the numbers look like.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).
Anade Davis
New Member Intro from Houston Texas and Florida
3 January 2025 | 7 replies
You're on a great track - best of luck and definitely utilize BP as much as possible!
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
31 January 2025 | 41 replies
Utilities paid by me or lawn mowing and snow, realtor commission for renting, legal expenses etc.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
Utilizing the VA loan is a good first step in terms of investing.
Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Plus the challenge with mid term is you are generally on the hook for things like internet, utilities, etc.