Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
This varies by lender.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.
Otis Clayton
What is the best way to partner with someione to buy real estate?
11 January 2025 | 24 replies
Every private investor has different priorities.
Charlie Loomis
From Master Metered to Indivdual
13 January 2025 | 5 replies
Every market will vary due to labor costs.
George Jackson
Skip Tracing Resources
10 January 2025 | 2 replies
I've used Propstream, Red X and Real Estate skip trace with varying levels of information accuracy.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
If selling is your priority, focusing on completing this one first could unlock the equity you need for the next steps.Your idea of forming an LLC is smart, especially if you’re considering investors.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
@Michael Ewersi can only speak for what i've done as i suspect it varies by market.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
11 January 2025 | 9 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
6 January 2025 | 6 replies
Materials will be about the same, but labor may vary greatly on location.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
Your initial terms will vary based on your investment experience, but generally, you want to plan on needing 20% of the purchase price if you're a newer investor and the lender will cover 100% of the rehab.