Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
Here’s an example of one of our current developments:- A development with 7,190 total linear feet could accommodate 119 homes on 60 ft lots.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.
Daniel Baker
Finally making my first posts.
14 January 2025 | 1 reply
Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Some of the most expensive and difficult properties in the country (and world) to develop were vaporized into potentially un-developable lots.
John Kirtley
SOUTH CAROLINA or GEORGIA BEACH MARKETS?
22 January 2025 | 8 replies
It's our least developed beach.
Natalie Gelbke-Mattis
Ready to scale our hospitality portfolio
21 January 2025 | 2 replies
I’ve been in a similar position where I wanted to scale but equity was a limiting factor.
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
7 February 2025 | 11 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Tyler Garza
Shoot Down My Beginner Strategy
8 February 2025 | 55 replies
It's just not the reality.I don't know your wife's income so it's hard to know what you need to replace in order to let her retire but if you think you'll get her retired in the next year or 2....you will have a 99% chance of being let down.Becoming financially free, or not needing a 2 income household comes down to 2 simple factors.
Charles DeRiso
Anyone hear anything about iintoo?
22 January 2025 | 7 replies
Wonder what they charge developers to access their capital resources.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
Bonus 4: develop a list of questions you want to get answers to before you do any opportunity.