Devon Shives
Should I get a cash out refi to buy more property?
13 December 2024 | 16 replies
@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
Then you have someone who understands the investors goals well and the technical experts really working together effectively.
James Wang
Looking for advice and Guidance, Becoming a realtor in NYC
5 December 2024 | 2 replies
Read: The millionaire real estate agent; Hyper Local Hyper Fast AgentWhat are some effective ways to network with individuals at all levels?
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
I will educate myself better regarding laws so I can handle these matters effectively going forward.Quote from @Steve K.: Why would you need the tenants permission to send an inspector in?
Orrett Lawrence
Short to Midterm renter issue
6 December 2024 | 4 replies
What's the most effective means of dealing with this issue?
Austin Tess
New property questions!
7 December 2024 | 7 replies
Or because they don't want to be the bad guy.With closing on Dec 4th the issue is that your 28 day notice will be effective Dec 31st and your tenant has until Jan 31st to vacate.
Rob Bergeron
Important For Jefferson County Buy and Hold Folks
4 December 2024 | 4 replies
Effective 12/1/2024 @ 12:01a the Louisville rental registry requires the 16 page Lead Hazard Evaluation form in addition to the Affidavit of Compliance.
John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
Its much more cost effective to outsource things like skiptracing and direct mail.
Shawn Nofziger
Self fund first property or get loan?
9 December 2024 | 6 replies
If you only plan on owning 2-4 properties, then there's really no harm in self-funding them unless you know a better, safer way to make more than the going interest rate on that money (most investment mortgages right now are about 7%, maybe effectively 5.5-6% after taxes depending on your brackets and tax structure).
Paul Cijunelis
Started a new PM!
5 December 2024 | 4 replies
It reduces the “bouncing ball” effect of tasks being passed between departments.