
5 May 2024 | 0 replies
Here's a breakdown for a rent-by-the-room investment property in Denver: - 6 beds/ 3 baths- Purchased in March 2024-Monthly Income: $5,300: Master: $1000; 2 large bedrooms upstairs $900; 2 bedrooms in basement: $850 and one small bedroom for $800-$300 Reserves-$3500 Mortgage Payment-avg $500 in utilities=$1000 in monthly cash flow!
6 May 2024 | 11 replies
As a few mentioned, you need to get it inspected to confirm whether or not it is in fact mold or if they're just simply trying to get out of their lease.

6 May 2024 | 18 replies
But, you need some reserves and it costs more to buy in at this level.

5 May 2024 | 15 replies
@David LeeIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

5 May 2024 | 5 replies
Pay off your credit cards ( the bank can do that for you with the proceeds) and start aggressively paying off that consolidation loan while making sure you have reserves for the three doors you now own.

6 May 2024 | 9 replies
I would want to know the buyer's source of funds for the down payment and proof of some reserves for repairs.

4 May 2024 | 5 replies
Save up at least 3 months of reserves before you close.

4 May 2024 | 28 replies
This is where reserves are crucial.

6 May 2024 | 23 replies
By the time I finally did my first one ( 90 home build and sell project) I made sure we had no debt on the underlying assets and only took debt on to build the homes plus huge reserves..

5 May 2024 | 9 replies
@Alberto Cioni Typically, the broker commissions within a DST investment are 4-6%, and the rest of the fees are used by the sponsor to structure the offering, marketing fees, lender fees, reserves (any remaining returned at disposition), etc.