Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
@Bailey RentzStessa is an excellent platform for tracking income and expenses for investors; it is user-friendly.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)
Jorge Vazquez
Ever Had to Fight an Appraisal? Let’s Talk About It!
21 January 2025 | 1 reply
The buyer's agent, though excellent, was new and unsure how to handle the situation.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
Yardi is an excellent for both residental and commercial however it is expensive and has a steep learning curve.
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
I am 21 with excellent credit and have enough/will have enough for the high down payment they require.
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
Kane Spangler
Modular New construction Loan advice
22 January 2025 | 3 replies
Her mother is willing to (co-sign) and has excellent credit and debt to income ratio that will more than allow but I’m not sure the best way to structure this for the house to still be in our name?
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
15 January 2025 | 10 replies
With your renovation background, you're well-positioned to excel in house flipping.
Alan Asriants
Why BRRRR is not an effective strategy today...
23 January 2025 | 15 replies
While I would have built $150,000 in equity, the cash flow simply doesn’t work.Now, let’s compare this to the market conditions when BRRRR was highly promoted (pre-2020).Interest Rate: 4.75%Monthly Payment: $3,057/monthRent: $3,600/monthIn this scenario, I’d be making over $500/month with $23,000 left in the deal, resulting in a gross 26% cash-on-cash return—an excellent deal.As you can see, rates and prices play a critical role in the viability of the BRRRR strategy.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
22 January 2025 | 14 replies
You likely only need to do the past 3 years worth for IRS purposes.You may want to see if there is a way to export transactions from QBO to excel and then import transactions from excel to Rentastic.- Unfamiliarity of software with my Bookkeeping and Accounting team.Altough not ideal, you may want to pay and do bookkeeping on both platforms for 3 months to see if you 100% want to make the switch.I still use Quickbooks, but the desktop version, it runs perfectly for all my bookkeeping needs.