Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
Since then, my cabins have tripled in value - worth easily $800K or more, and have produced $696,XXX in rents.
Zach Fulton
Looking for some guidance on a portfolio Refi.
28 December 2024 | 3 replies
Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Our agents want to work with us because they see the value of being part of a high-producing renovation company.
Mitch M.
What happens to a solar lease in California AFTER Foreclosure?
26 December 2024 | 2 replies
The property had a first mortgage, as well as a second mortgage, both from the same purchase money lender.After receiving the trustee’s deed and recording it, I discovered two “Independent Solar Energy Producer Contracts” recorded against the home.
Danielle DeCormis
Section 8 vs. Standard Lease - Pros and Cons
19 December 2024 | 5 replies
Think about it: most of them are able-bodied adults who choose to live (mostly) free off the backs of others rather than contribute to society.Rent payments are usually steady, but Section 8 tenants took a lot more work upfront, throughout their tenancy and at the end of their tenancy.
John Friendas
Maximum # of DSCR Loans Lenders Will Give?
9 January 2025 | 8 replies
As others noted, there is no limit to DSCR funding other than your ability to produce enough liquidity for down payments, closing costs, and the required reserves post-closing.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
It's more important to own investment income producing property that generates at least 10% annual ROI than it is to own where you live.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
30 December 2024 | 29 replies
Anything and everything that you can do to show others (and prove to them) that you have a talent for selecting properties and producing actual results.If you do that, people will take notice.
Arron Paulino
Potential Garage ADU
6 January 2025 | 5 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.