Danielle DeCormis
Solar Panels on Foreclosure
29 January 2025 | 2 replies
Another option that requires more legwork is to call the servicer/ producer of the inverter.
Themis Kosmidis
Cleveland based investor looking to BRRRR various assets for the long run
2 February 2025 | 5 replies
In return for excellent service I'll be offering repeat business and I'll happily provide referrals to my existing investor network for those top performers.
Brett K.
What's your favorite security set-up for protecting vacant property?
7 February 2025 | 4 replies
My area is relatively low crime, but had one place that someone broke a window to get in.... probably a homeless guy looking for a place to sleep....got scared when neighbor turned light on.I put in a SimpliSafe unit... portable, easy to set up, multiple options- you can use a webcam and get alerts on your phone and future tenant can pay for full service if they want.
Adedeji Karunwi
Hello everyone , rookie in the house
31 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
John K Smith
Property Management Fees in Rochester, NY
21 January 2025 | 1 reply
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Tarsha Johnson
Hey here to learn and connect
5 February 2025 | 6 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Arshiya Taami
is 95% LTV for a DSCR Loan that is 2.2 possible?
14 January 2025 | 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).
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
It will ultimately depend on price point and what level of service you want to provide.
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
I've found that CPAs that focus on a niche area such as real estate rather than offering general services to everyone are typically much more knowledgeable about real estate tax incentives.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 121 replies
@Bonnie Low - it's important to know what services you're paying for.