Chloe Salcedo
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
To find DFW meetups, check local real estate investment associations (REIAs) and Meetup.com.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
I did a check on a guy 10 years ago came up clean as a whistle on my landlord association screening service.
Robert Nelson
Pros and cons of a condo for your first investment property ?
23 December 2024 | 7 replies
Cannot control association fees3.
Marshall Robins
Construction Lenders - Some Basic Questions
20 December 2024 | 3 replies
I would think that local chapters of builder's associations would be a good spot as well.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
The biggest determining factors for STRs in the area are purchase or build price (and associated mortgage) vs rental expectations, that will help you determine net cash flow.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
I am very involved in our local real estate investor association and agree that in this central Florida market there are an over saturation of STRs as well.
Jorge Borges
Has anyone worked with Tardus Wealth Strategies?
15 January 2025 | 144 replies
Other than the two principals, an executive assistant and two managers, everyone one else associated with Tardus is either a”wealth coach” or a “client success coach”.
Guillermo P Manso
I need advice and estimate costs
26 December 2024 | 7 replies
If in the rare chance they do allow short term rentals in the HOA rules/regulations and association documents, don't be surprised if they change that ruling after you buy.
Calvin Rappard
Tenant screening / checks on renewal
23 December 2024 | 11 replies
Any person over 18 should go through the tenant screening if they are living there...they don't necessarily need to be on the lease, but there is another area on the Chicago Association of Realtor's lease to add occupants.