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Results (10,000+)
Dallas Hoover First property looking to house hack
10 December 2024 | 4 replies
It's so hard to say generally what problems might come up, but the first that comes to my mind is work history - do you have 6 months on the job and a 2 year work/school history? 
Mike Sfera Right Down Payment Amount??
10 December 2024 | 14 replies
The rental might be vacant for a month,(8% loss) or a tenant might not pay for a month while you pay to evict them.(8-16% loss)  A $1,000 appliance/water heater, or a $8k rook or hvac unit might go out.(5-40% loss)  You should be paying a PM 8%.
Lorraine Hadden Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
If you carry a balance month to month (only paying the minimum or minimum plus), paying twice monthly can save you some money in interest charges.2.
Keno Powers Tenant constantly late paying back rent
10 December 2024 | 5 replies
She paid me like $50 every other month after constantly reminding her.
John Kirtley St. Augustine STR?
11 December 2024 | 2 replies
The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.
Mike Sfera First investment strategy
12 December 2024 | 6 replies
you're "out of pocket" those costs, plus maybe a month of vacancy.my point - you're basically always out of pocket on a rental. sometimes the rent more than covers everything, other times it doesn't. 
Samantha Suero New member from Baltimore
10 December 2024 | 13 replies
I would try to get a 5 or 6 month lease at cheap after a washer dryer add then renew in June for a higher amount or register it then and optimize the rent. 
Ben Cochran Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
Rent is $2k/month. 2.
Wendy Abraham Hard money lenders who have you used?
11 December 2024 | 12 replies
I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.
Chaim Ehrman Seeking Feedback on Potential Triplex Deal in McKeesport, PA
11 December 2024 | 2 replies
Here are the details:- Current occupancy with a monthly income of $2,750- Purchase price: approximately $145,000 (putting 25% down, around $36,250)- Location: McKeesport, PAAs a relatively new investor with two properties in different states, I'm looking for guidance on how to analyze this deal.