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3 January 2025 | 18 replies
I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental.
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29 December 2024 | 2 replies
I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.
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31 December 2024 | 32 replies
I think what you describe is pretty much standard performance for rental properties if your not paying cash and I am just assuming your putting max debt on them to try to get your return numbers into your criteria..
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26 December 2024 | 2 replies
Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.
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31 December 2024 | 13 replies
Contractors performing structural, electrical, plumbing, or HVAC work are required to have the appropriate licenses issued by the City of Chicago.
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22 January 2025 | 203 replies
I don't know about your idea of maths but to me that says Midwest performs at 2X of CA.
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29 December 2024 | 8 replies
Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.
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27 December 2024 | 8 replies
I know they’re an essential tool for analyzing a property’s financial performance, but I want to ensure I’m approaching them correctly.Could anyone share examples of what a good T-12 looks like or highlight key items I should make sure are always included?
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2 January 2025 | 32 replies
I am very disappointed that I am not longer able to perform tHe tasks I have been able to do unless I pay twice as much as paying before for their premium version, which is now from 13.99 to 23.99The price change seems unreasonable, so I will switch back to use the bigger pockets tools, which price is more reasonable.
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28 December 2024 | 23 replies
Never heard of him.Make sure you perform proper due diligence.