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Results (10,000+)
Dylan Jameson Seeking Advice and Insights on a Potential Real Estate Investment Opportunity
16 May 2024 | 2 replies
However, I also recognize the value of seeking advice and perspectives from others who may have more experience or different insights to offer.I'm particularly interested in hearing from individuals who have experience with waterfront properties, investments in the Central Florida region, or any insights on factors that contribute to property appreciation and long-term value.Additionally, if anyone has tips on structuring partnerships or attracting potential investors for such opportunities, I would greatly appreciate your input.Please feel free to share your thoughts, experiences, or any advice you may have.
James Brown Propstream good to use?
16 May 2024 | 7 replies
Here are some Propstream filters that a lot of my investor clients have found helpful: VacantNon-Owner OccupiedHigh EquityOff Market# Years of Ownership, Minimum 5 YearsMaximum Value = Median House Price for Entire MarketOwnership Type = Individual & TrustSingle Family homesYear Built Before 2000Minimum 3 Bedroom, 2 BathroomThese can be great opportunities.
David Smith Which insurance for Airbnb Arbitrage?
16 May 2024 | 4 replies
Get with a good agent who understands short term rentals because the more of these you do then you can scale the insurance under a Business Owner Provider Policy (BOP) and then you don't end up with a dozen individual policies out there for each property that cost you a fortune.
Christian Sorrell Are there ways to get Preapproval for a US Mortgage as a Canadian Citizen?
16 May 2024 | 9 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Craig Peck Time to move to the next level?
17 May 2024 | 13 replies
The concern I have is that I like the fact that every individual investment represents only a very small percentage of my portfolio.
Shan Vincent Has anyone used WealthAbility?
16 May 2024 | 158 replies
We try to tailor our services based on each individual's situation and needs so as not to set up the client and CPA for failure by trying to fit a round peg in a square hole.
Michael Wirtz Beginner Meeting Group
15 May 2024 | 0 replies
Hi All,I am seeking a small group of individuals to meet regularly and share learnings as well as analysis that we dig up in the single family home real estate market.
Calvin Hayward How Much Do You Spend On Closing Gifts
16 May 2024 | 7 replies
The sum spent on these presents can fluctuate depending on the broker's budget, deal value, and individual tastes.
Don Fisco Multifamily/apartment building w/ retiring father AND room mates AND potential child.
16 May 2024 | 5 replies
He was decidedly more excited about that idea.In terms of money, my initial thoughts were that the equity in the property would change over time as individuals contributed more throughout months/years until an agreed amount of parity was reached based on whatever the property called for: i.e. everyone owning a 2bed/2bath had contributed the same amount of capital, that sort of thing.