Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
I do not care what the source of the return is Historically the highest return is via a value add and appreciation and is more so recently due to the recent rate increase versus earlier this century (before 2022).However, most new RE investors cannot handle extended periods of large negative cash flow.
Daniel Dubeck
Gap funding
28 December 2024 | 13 replies
Unsecured personal debt is often from institutional sources, but at rates of 9-20%, fully amortized over 3, 5, or 7 year terms (not interest only).
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
Kansas City has source of income discrimination laws.
Nicholas Dillon
What are some good resources to determine what I can rent an investment property for?
20 December 2024 | 2 replies
@Nicholas DillonRentometer can give you a rangeZillow also can give a rangeThe best source would be to call a loc a property manager or realtor and have them also give you a range as at end of day they will have most recent and updated numbers and have a better feel for where the market is at
Lolo Druff
Columbus OH Property Management Referrals
16 December 2024 | 6 replies
Quote from @Lolo Druff: I've heard horror stories about awful property management companies and am looking for a REFERRAL for a trusted source from an investor.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
If you believe that is true, please cite a source.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
In the northeast having a second heat source in the rental saved frozen pipes when the electric was out for days.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
@Rafael Valdor some advice when screening PMCs-----------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Tyler Carter
SFR loan programs < 25% down
18 December 2024 | 9 replies
Great credit scores and plenty of income from my W-2 source.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
Many borrowers file this form as an exclusion to their US federal taxes as they may have been taxed by the country where they are earning the income.Required Documentation for Foreign IncomeWhen it comes to processing foreign income for a loan, documents required may include:» Most recent personal tax returns» History of receipt» Proof of continuance of foreign income earnings» Conversion of the income from the foreign currency to US dollarsThese documents must be translated or completed in English so that a loan reviewer can properly evaluate the information provided.Fannie Mae & Freddie Mac GuidelinesIncome from Foreign SourceIncome from foreign sources must be reported on the borrower’s most recent U.S. individual federal income tax returns.