Qwee Parker
Student loans factored into DTI?
24 November 2024 | 2 replies
If a student loan is in repayment, or scheduled to begin within 12 months from the date of VA loan closing, the lender must consider the anticipated monthly obligation in the loan analysis and utilize the payment established by calculating each loan at a rate of five percent of the outstanding balance divided by 12 months.
Mark S.
American Homeowner Preservation (AHP) Fund
4 December 2024 | 353 replies
This of course will affect productivity and delivery schedules.
Pamela M.
Tenant vacates property before december 1 without notice. Lease is till August 2025
5 December 2024 | 34 replies
Schedule a claening crew for tomorrow and get ready to re-list it.Good luck!
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
Multi-families offer more cash flow potential than single-family homes and are often easier to manage than a BRRR, giving you the chance to grow without the same level of involvement.Given your busy schedule and family responsibilities, a single-family or small multi-family might be a good start, letting you get familiar with property management while earning stable cash flow.
Hamed Rahimi
What are the best property management software/tools you use?
25 November 2024 | 12 replies
All you get is what you can export/import via CSV file:(We use Propertyware, have experience with Buildium, and have played with Appfolio and RentManager.Buildium is for smaller companies.The other three are tied, the differences being how much automation & customization you want to do.If you don't see yourself growing beyond 150 units, go with Buildium.If you're not very techy and plan to grow over 150 units, we'd recommend Appfolio.If you're techy and plan to grow over 150 units, we'd recommend Propertyware or RentManager.Of course, schedule some demos, take GREAT notes and them make your decision.FYI - there are MANY new options on the market, RentRedi, TenantCloud, Apartments.com, Hemlane, Rentec.
Jeff G.
Code Enforcement Groundhog Day
21 November 2024 | 9 replies
Code Enforcement would schedule a time to come by only to ghost my PM.
Samantha Springs
Selling Investment Property to Pay Down Primary Mortgage
2 December 2024 | 21 replies
Over time, this can even help you pay off your mortgage several years ahead of schedule. 4. what about asking your lender for a loan modification?
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Interest always paid on time, and principal was returned with bonus right on schedule.
Jake Hughes
Renovations in Columbus OH
20 November 2024 | 15 replies
You can also schedule inspections in advance.
Roger Mace
Should you refinance a DSCR?
27 November 2024 | 11 replies
Evaluate New Loan Terms: Look at the potential new loan terms, including interest rates, repayment schedules, and any fees associated with the new loan.