
18 November 2024 | 13 replies
@Kevin Hilton not sure which market you're looking at for your next purchase, but I have a lending partner who can do investment deals (including non-warrantable condotels) with just 15% down if it helps.

15 November 2024 | 5 replies
Not sure where your STR is located, but you might want to look into local STR management companies that also offer staging services.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.

18 November 2024 | 17 replies
Waco is a great rental market because there are so many blue collar jobs that provide consistent demand for housing (I have heard that 80% of homes in Waco-proper are non owner occupied) but there is a lack of white collar jobs that would keep Baylor graduates here or bring working professionals from Austin/Dallas.

17 November 2024 | 33 replies
Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.

15 November 2024 | 16 replies
I forgot to mention, it's meant to be turnkey so they manage it, and their split is 10% of gross income before all costs and debt service etc.
15 November 2024 | 5 replies
Is there a no win / no fee type of service I should be searching for?

17 November 2024 | 9 replies
Hi Friends, -Any recommendations for a reputable Cost Seg company servicing San Diego, CA?

15 November 2024 | 9 replies
Either way, it's just part of the process.I have been doing this for more than 30 years and my last four non-syndication deals that I was fully under contract on have all failed for various reasons.

15 November 2024 | 1 reply
However, I just received a text alert that I must agree to their new Terms of Service by 10/7/24 to continue processing payments.