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1 May 2024 | 4 replies
As others have commented - DSCR Loans tend to be a great solution for people in your exact scenario - fed up and tired of giant hassle and paperwork for conventional or bank financing - not worth the often pretty small benefit in rate or terms.Check out this article I published last year on BiggerPockets on what to expect documentation wise for DSCR Loans - they have become a nice blend between solid underwriting and doc sets needed, but not too much (and not too little like notorious "no doc" loans)https://www.biggerpockets.com/blog/what-documents-do-you-nee...
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2 May 2024 | 31 replies
I have.Does a PM give jumpstarts and fix flat tires?
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1 May 2024 | 56 replies
I would imagine they would get tired of you insisting on viewing that every week....
2 May 2024 | 41 replies
In business, references and jobs done also help too.Handymen per CSLB are prohibited from taking on projects that are more than $500, unless they can either break the project down into smaller job or risk going to jail -especially if they furnished something recordable (ie, a phone conversation or in writing) in violation of this fundamental CA rule governing construction.So yes I do agree CA handymen should never quote a client anything more than $500/materials+labor per particular job unless they don't care about building a career towards being a licensed contractor honestly and dont care if they end up being criminally charged for it.As for a family member and/or close friend I would expect handymen in CA to obviously work out 'less than armlength' ways to help them with big jobs that do exceeed $500/project but not leave an obviously incriminating papertrail afterall its family you're dealing with anyway and nevertheless as a handyman (and likely brother, cousin, in-law etc) until one day you are a licensed contractor then can quote as much as you want per project.I'm tired and done with CA handymen masquerading as contractors, quoting contractor prices, yet not having even liability insurance that licensed contractors are required to have.
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1 May 2024 | 24 replies
Of course, and we were already in the process of doing it.But we wanted to go faster and build it TODAY, not kick tires and experiment for a year.
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29 April 2024 | 113 replies
Most of the people who DM me are tire kickers sadly.
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30 April 2024 | 101 replies
So tired talking to you now.
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24 April 2024 | 6 replies
I’ve been listening to the podcast for about four years now .I just decided to step it up and be active on the forms as well as upgraded to pro and I’ve been using the calculators on daily basis and it’s been amazing .I live in North Hollywood, California and I have four rental properties in Kansas City, Missouri.I am to grow my portfolio with cash, flowing assets and open for partnerships.I am a General contractor here in California, having a lot of experience with the building procedures as well as good couple hundred thousand in cash ready to invest, looking for good opportunities, and tired of standing on the sidelines.Thank you for this awesome community!
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29 April 2024 | 64 replies
The ones I have seen are old tired and not even remotely relatable to todays RE world complete waste of time I will never attend a REIA event again.
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24 April 2024 | 15 replies
I've kicked the tires on it a couple of times, and it's a market where you have to be really good to perform well.