Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
I guess it's just too many factors to consider and it easy to get overwhelmed and cannot get accurate info and estimation when I conduct analysis (ex. property tax rate, insurance, maintenance fee, rent, repair, closing cost, etc.)
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
5 February 2025 | 56 replies
For example, for my out of state clients, I make sure to consult with them on their deal analysis and #s, I educate them on the good/bad neighborhoods, I help them develop a scope of work and estimate renovations, I set them up with my PM/GC/lenders/etc.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
You need to send Loan Estimates and Closing Disclosures on the appropriate timelines so the borrower has the opportunity to review everything before closing.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
If your estimated rent from a property pays off the Mortgage + Maintenance + Property Tax + Insurance.
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
Don't get me wrong I'm happy to help get you some estimates if that's useful hahah but still not something I'd recommend.
Yun Han
Navigating Job Loss, Rental Property Challenges, and Growing Family
27 December 2024 | 4 replies
Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?
Austin Tess
Questions about refi
29 December 2024 | 8 replies
Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
.: A) I had to fact check this after your last statement about the CA population declining ended up being false due to only accounting for our-migration and not including immigration,B) The actual estimate is that less than 25% of the nations homeless people live in California, not 51%.A) Immigration by foreign individuals is not counted (generally) because it is not a definitive marker.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
As an experiment I invested $30k each in the 10 REITs which had (according to average estimate of NAV) the largest discounts from net asset value as per market price).