Jim Vasica
Painting pricing question
15 January 2025 | 6 replies
Be firm but fair, and don’t hesitate to ask about what’s included—like prep work and trim.
Troy Smith
Refinance step of BRRR
13 January 2025 | 11 replies
Include before-and-after photos, receipts, and a list of all the work done.Curb Appeal: First impressions matter.
Brandon Stelling
Military Vet investors 100% disability benifits
29 January 2025 | 8 replies
@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking.
Bruce D. Kowal
🏠 vs 📈 - A Fresh Look at Real Estate and Dividend Stocks
28 January 2025 | 0 replies
A diversified portfolio can include both!
Chris Hains
Need A House Flipping Spreadsheet
28 January 2025 | 12 replies
If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you.
Samantha Benz
Should I go to BPCON?
28 January 2025 | 9 replies
BPCON attracts investors from all experience levels, including folks looking for their first or second deal.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
28 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).
Noah Laker
TAXES: Divorced client wants to sell
17 January 2025 | 3 replies
The client will be solely responsible for capital gains taxes, including depreciation recapture, regardless of the agreement to share proceeds.
Drew Sygit
How Well do DIY Landlords Track Days On Market?
12 January 2025 | 2 replies
DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show.
Mashal Choudhry
Wholesaling in arkansas
16 January 2025 | 15 replies
You must must disclose to the seller everything including that you are selling it to someone else and how much money you are selling it to that end buyer.