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11 January 2025 | 13 replies
The DSCR lender will likely rely on both the 1007 and the AIRDNA info, sometimes at the lender's discretion (which one they will use for income calculation).
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28 January 2025 | 22 replies
Memphis has a pretty affordable housing market and tends to offer solid rental yields, which might align well with your goals.Let me know if you need any more info or want to chat further about this.
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13 January 2025 | 4 replies
This is great info!
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13 January 2025 | 18 replies
I paid for 10k program and paying 97.00 per month for addl info needed to be more successful.
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15 January 2025 | 8 replies
Buildium and Rentprep will also need the video tour, and the home office ownership or lease info if you want to be able to run credit/background checks directly without having the applicant submit and then approve you to receive the data.
13 January 2025 | 21 replies
Finding the correct contact info is hard enough, but if your pitch is that they should sell cheap now, you're misreading the market.Multifamily properties are worth significantly less now than they were just a few years ago, and asking for a further discount due to property condition would probably result in a loss, maybe not even pay off the debt.
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5 February 2025 | 54 replies
You may not need to visit each property you buy in that area though.4) Unless you are buying Class A turnkey, you should have a PMC.5) See below copy & paste info:-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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10 January 2025 | 3 replies
Cost per lead (CPL) is crucial—it shows how much you're paying to get a potential seller or buyer’s info, and you want this as low as possible without sacrificing quality.
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9 January 2025 | 11 replies
Gathering as much info as I can in the short window of time I have.