Carter Fleck
Keeping My Finger on the Pulse of the Property Management Industry – Seen any sales?
24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.
John Lasher
Coaching for multifamily?
27 January 2025 | 16 replies
I will gladly assign you some remedial tasks associated with my projects and for your efforts and generosity I will assign you Co-GP title and send you out into the world to misrepresent your capabilities and track record to raise capital from others.
Amanda Dobbs
Where to find Investors
17 January 2025 | 2 replies
Find a local chapter of REIA (Real Estate Investors Association).
Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.
Jeff Calcaterra
Potential tenant doesn't want us to call HR
23 January 2025 | 5 replies
Call a different number you found online associated with the same company, etc.
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 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).
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."
Aaron Sommerville
Purchasing my first rental property in 12 - 14 months, any advice?!
26 January 2025 | 4 replies
Where do I begin to learn about the cost associated with the 3 - 6 months of expenses and the inspection process?
Jeffrey Lewis
Commercial Real Estate Investing Clubs in Indianapolis
18 January 2025 | 8 replies
For networking and education, I recommend checking out CIREIA (Central Indiana Real Estate Investors Association).
Annie Driscoll
All inclusive trust deed
23 January 2025 | 3 replies
It seems that there is some risk associated even if it cash flows because our names will still be on the mortgage and affecting our DTI ratio.