Avani Patel
software to filter properties by return rates
17 January 2025 | 3 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and budgeting.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I wonder why he cancelled his account?
Grace Purugganan
Help! Out of State Investing in Ohio
28 January 2025 | 10 replies
Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Quote from @Max Emory: @Bob Asad, there are a lot of different account structures out there but absolutely keep security deposits in a separate account from your opex/income account.
Anthony Kolbusz
How to get started?
21 January 2025 | 4 replies
A lot of rehab lenders will account previous reno expereince when it comes to terms.
Jeffrey Robison
Licensed PA and TX Lender
18 January 2025 | 5 replies
I actually had this account from years ago, before my Realtor days and before my mortgage lending days.
Josue Ramos
Best Markets To Invest
4 January 2025 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, immediate cashflow and at the lower end of relative rent & value appreciation.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
What about Debit Cards attached to a checking account?
Jared Carpenter
Phoenix SFH/MF/flipping contacts
24 January 2025 | 6 replies
Account ClosedWhat do you invest in?
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
Wage garnishment , attach any bank accounts , and or vehicles