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26 December 2024 | 4 replies
@Nate LaBlancesome PMs would probably be willing to do one-time showings, screenings, and placement for a month's rent, and then turn management back over to you.
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25 December 2024 | 6 replies
At 7% you will have payments of about $4000 per month and at full occupancy rents of $6600 per month.
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28 December 2024 | 13 replies
I would not recommend going more than one full month behind.
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27 December 2024 | 66 replies
Each person would pay $600 a month or even consider padsplit.
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26 December 2024 | 0 replies
Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Lessons learned?
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25 December 2024 | 5 replies
If I have lump-sum free cash, should I just apply it to my mortgage to recast so that my monthly goes lower?
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19 December 2024 | 12 replies
I think the charge is fairly nominal from what I have seen.
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25 December 2024 | 2 replies
Hey Serena, we host a monthly meetup event on the first Wednesday of each month (skipping January due to the Holidays) at Lucid Winery on R St.Next meetup will be February 5th.
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18 December 2024 | 7 replies
I.e. even though you need to submit draws for any rehab funds, you will get charged interest on the full amount each month.
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28 December 2024 | 1 reply
I have learned a lot over the last ~6 months about furnishing a property, managing/pricing a rental, understanding the ins and outs of Airbnb/Furnished Finder, and analyzing real estate investments generally.My business idea is to use that knowledge and start a company that does the following:-Furnishes properties for investors who want to turn their LTR into a MTR/STR, new homebuyers who want to house hack, or just any investor needing a rental furnished.