Bob Avery
Understanding BP Lease Fields
9 January 2025 | 3 replies
Along with the dwelling unit described herein, the Premises include the following: (i) _____ Storage Locker; (ii) _____ Parking space(s) (Identified as _____ and containing _____ parking spaces (also see Section 9 below); (iii) _____ Garage (Identified as _____ and containing _____ parking spaces and _____ transmitters (also see Section 9 below).
Unal Baris Kancoglu
HVAC installation pricing - COSTCO
15 January 2025 | 1 reply
However, I noticed that as a Costco member, they also offer HVAC services, including the same product line (Lennox), along with a 10% Costco Shop Card if you go through them.Has anyone here used Costco for their HVAC needs?
Kathy Grossart
1031 exchange within an existing SDIRA
27 January 2025 | 5 replies
The 1031 exchange was done as a group irrespective of, and including the SDIRA status, as a tenant-in-common.
Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 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).
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
Local references are invaluable because those lenders have proven themselves in your market.Work with Reputable Companies: Some well-known DSCR lenders with a solid reputation include Lima One Capital, LendingOne, Kiavi, RCN Capital, Visio Lending, and Easy Street Capital.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Jason Hanton
Anyone take STR Secrets Cohosting Course?
22 January 2025 | 10 replies
Im considering it as the course includes a coach for 6 months and a complete program.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
These documents include your operating agreement/ corporate bylaws, articles of organization, certificate of standing, and the EIN letter.
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.