Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
Investor focused realtors & Property managers are going to be your biggest asset since they'll be finding your deals & managing the day to day operations for you.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
@Camille Romero Operating a rental property out of state, especially just 1, can be very difficult and costly.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
You'll have to operate at peak efficiency to make good money, which means more time, stress, and headache.
Benjamin Finney
Macro Economic Indicators to Inform Investment and Lending Business
23 December 2024 | 5 replies
I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money) we dont broker or anything like that.
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
and far less expenses during operation.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
They look and operate fine and the cost to replace is minimal.
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Functionally, it operates as a 2-story home since the downstairs area has multiple windows in each room and plenty of natural light.
J. Mitchell Bernier
Valdosta, GA Market Update
29 December 2024 | 4 replies
Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20
David Hori
Is Pace Morby a Scam?
27 January 2025 | 109 replies
There needs to be someone similar to Always Marco on Youtube with the MLMs where you have someone exposing gurus who sell ******** courses.If you want to legitimately learn wholesaling, stop wasting money on ******** courses, and pay for such things as hiring an attorney to properly set up contracts, hire people to do inspections and appraisals, and hire CPAs to make sure that your business operates properly.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
It blows my mind that you can actually start and operate a legitimate business in the US without telling the government (not the public) the name and address of the owner.