Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
4 February 2025 | 17 replies
Hey @Erika Andersen I totally hear you in wanting to save some money and taking on the task yourself.
TJ Dittmar
Market Analysis for rental
15 February 2025 | 2 replies
I'm currently in the saving phase right now.
Erica Dike
Not All Designers Get STRs—Here’s How to Hire the Right One
6 February 2025 | 9 replies
Budget-Conscious, ROI-Focused – A great designer knows where to splurge and where to save.
Daniel Godbout
MN Property Manager Requirements
7 February 2025 | 17 replies
The MN statutes are all readily available online, and will be easily found via a google search.
Michael Magno
RAD Diversified Lending out of Baltimore?
29 January 2025 | 8 replies
Can't find much online....
Julio Gonzalez
Cost Segregation Study on Knoxville Apartment Complex
11 February 2025 | 1 reply
An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.
Bruce D. Kowal
Maximizing Tax Benefits: The Hidden Home Office Deduction for Landlords 🏠💼
17 February 2025 | 5 replies
I teach CE/CPE for several tax organizations at conferences and online so I talk to A LOT of tax professionals.
Mindy Rosscup
Need help with Skip Tracing!
15 February 2025 | 5 replies
Me and a few folks I met at a mastermind group all went in on a joint account a few years back so we could save money.
Kyle Blackmon
Moving from Construction to Sales - Tips & Tricks
4 February 2025 | 3 replies
I work for a building materials company now and took their online game from Zero to very engaged in the past few years and it's been really fun.
Jose Mejia
refinancing a property from hard money lender
24 February 2025 | 29 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).