Jacqueline Henderson
I am new Here
23 December 2024 | 10 replies
Great place to learn and connect with like minded individuals.
Jacqueline Henderson
Just getting started! I have a question
20 December 2024 | 4 replies
Exit Strategy1 - What economic indicators?
Scott Weston
Highlands Cashiers Market
8 January 2025 | 10 replies
This is a fine needle to thread because at this size, you very quickly start competing with high net worth individuals who are seeking summer homes.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
That being said, you could be the individual who helps identify this respective vendor.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
.), how litigious is your state, your own loss history/ratio as an individual investor, the carrier's overall loss ratio in a certain state/area, the deductibles you've elected, etc.
Chris Magistrado
Buyer wants to do an Inspection?
20 January 2025 | 14 replies
Ultimately, it’s about trusting your gut and assessing each situation individually.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
Quote from @Jay Hinrichs: Oregon finally passed legislation to reel in unlicensed wholesaling its in this months publication from the state RE agency.Highlights:Goes into effect July 1 2025Requires:On line application to become a licensed wholesaler ( RE agents exempt from this of course they already have licenses)Name of company and individuals who will be performing these services.Each one needs a full criminal background check and approval prior to receiving the license.300.00 annual fee for the license.Written Disclosures in Bold 10 point.These must be given to Buyer and Sellers prior to entering into a wholesale contract and signed for.Also RE brokers assisting wholesalers need to give these to potential buyers and sellers.
Mak K.
1 Ac lot- How many homes on average- Home Development
19 December 2024 | 1 reply
As you indicated, make sure you leave something in the plan for contingencies (absolute minimum of 10%), and keep in mind the cost to hold during the time it's under construction and being marketed.Make a plan, check it twice, and decide if it's worth the effort.
Francisco Milan
Listings what is your number one way to get listings now a days? ads ? Postcards?
24 December 2024 | 7 replies
This group of 10 individuals has, through direct investment with us, and referrals accounted for over $65 million in invested cash in our syndications.