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27 January 2025 | 12 replies
Verifying last 2 years of rental history very important!
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6 February 2025 | 13 replies
It’s pretty much a reversal of the Roth conversion strategy.
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7 February 2025 | 14 replies
Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).
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27 January 2025 | 12 replies
My brother-in-law, who owns a landscaping company in Lee’s Summit, works with a lot of local builders and has been a huge help.
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8 February 2025 | 10 replies
Then you grab all your hardmoney docs go to a conventional lender of your choosing and apply for a refinance.
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10 February 2025 | 2 replies
I would be very careful with a lot of course or guru in general right especially a price tag like that what I would always recommend reading the contract and see who is the person more in favor and if its not you then dont sign up very rare to see someone actually benefit from a course.
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27 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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6 February 2025 | 13 replies
Don't be afraid to negotiate, particularly if you have a lot of rentals.4.
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29 January 2025 | 9 replies
What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself?
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5 February 2025 | 29 replies
Quit comparing it to other forms of investing because you are wasting your time and, at this point, creating a lot of unnecessary negative attention to your idea.