Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
I self manage my few properties and have not had any issues at all with the City of Indianapolis.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
If you can find practice tests, that is my recommendation - that is what I did after taking the required time component and did not have any issues passing the test.
Eric Robertson
Investor friendly insurance company
11 January 2025 | 4 replies
I'm an independent agent here in AR and I write a lot of rental property, with ~6 preferred markets and if the properties have some issues, age, claim history etc.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company.
Emily Gowen
When to sell vs hold rental properties that have appreciated?
25 January 2025 | 13 replies
There are also ways to go about mindset shifts if that's a serious issue, but I don't know, it sounds like you've spent time with this property, you know all about it, and you have a bunch of other stuff going on in life.For instance, you decide not to raise rent all the way to market rate....This is probably a good move if you hate maintenance calls and your tenants know to handle some maintenance themselves because they are getting a bargain deal.
Alan Mills
Seeking Strategies to scale up
21 January 2025 | 5 replies
This keeps them motivated.Clear Contracts: Make sure your contracts have deadlines and penalties for delays.Regular Check-Ins: Visit the site often to catch issues early and keep things on track.Scaling UpMultiple Contractors: Work with more than one contractor to avoid delays.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
29 January 2025 | 12 replies
Yes the lack of identical apples-to-apples comps has been an issue in the area for years.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
This issue also naturally drives up deductibles.
Ken M.
Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
So as long as I paid no issues.. and most of those I sold on wraps. when i started buying homes via sub to I did over 100 of them..