Blake Spiller
Buying a foreclosure home
6 September 2024 | 4 replies
However, houses are frequently, almost routinely, removed from the sale process when the borrower makes a catch up payment or two or when the bank perceives some risk to a sale meaning that the property may leave a deficiency.
Kunal Lakhwani
Experience with MN Property Nerds or Twin Cities Leasing
5 September 2024 | 16 replies
Over the past year, I've had to make frequent calls and send numerous emails—sometimes daily to MNPMC's office and the managing partner to receive timely owner disbursements.
Bryan Field
Should I self manage my rental properties for extra cashflow?
9 September 2024 | 23 replies
If you fly over and visit your properties frequently, that's great.
Brynn Kurtz
Questions About Buying Properties Without Using Your Own Money, Loans Or Credit…
5 September 2024 | 2 replies
@Brynn KurtzI would do additional research and learn how many people today are buying housing with none of their own moneyAlso even if you were to do this, you still need money to invest in real estate as properties need constant repairsThe most frequent mistake I see is people take these guru programs and spend all their $ on the guru and have no money to invest in real estate
Clayton Silva
Hot Topic: Fed Cut Won't Do Much (Sept 2024)
5 September 2024 | 2 replies
Contrast that to the bond market--the source of movement for all manner of interest rates--which frequently moves more than 8 times in any given second.In other words, the financial market is able to make its move well in advance of the Fed and that's a substantial part of the explanation for the drop in mortgage rates seen over the past year.
Brady Herbaugh
New to Investing: Should I House Hack or pursue another strategy?
6 September 2024 | 28 replies
My recommendation for this strategy is to minimize the amount of possessions you have so it’s easier to pick up and move frequently.
Nancy G.
Closest STR market to NYC
4 September 2024 | 9 replies
STR can be tough with the law changes that are frequently happening.
Jan H.
Anyone investing in Des Moines, IA?
4 September 2024 | 27 replies
It's a nearby market with many of the same characteristics of the DSM market, but definitely bolstered by a strong state school economy.
Shane Bishop
Best Accounting Software for Rentals
3 September 2024 | 4 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Angel Dejesus
Heloc or Credit line whats the Difference when you have a multifamily
3 September 2024 | 7 replies
A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.