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Results (10,000+)
Shakthi Kamal Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Wade Wisner Help with Note/DOT investing
28 January 2025 | 14 replies
They cover the counties with online access to public records (over 2200 counties). 
Ilia Zakharav Convert 6 unit multifamily into condos and 1031 individual units
6 January 2025 | 1 reply
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.
Kris Holt Looking to make new connections!
7 January 2025 | 7 replies
I would be looking to use hard money to cover the costs of renovations.
Sarah En First-Time Landlord Seeking Advice on Rodent Prevention and Repairs
3 January 2025 | 3 replies
You can cover the wire mesh with drywall patches (they tape on wall and across the wire, white/paintable, different sizes) as the wire mesh is what will prevent the rats from eating their way into the property (the covering material is cosmetic only).
Jorge Caceres Utilities included worth the risk?
7 January 2025 | 28 replies
., $700) to cover this, or are there other strategies for handling utilities in this situation?
Sean Gammons How to buy two rentals in one year?
16 January 2025 | 17 replies
It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.
Andrew Rodriguez My Involvement in Fixer Upper
13 January 2025 | 9 replies
Find a great real estate attorney to help you with:1) Putting a lien on the property, with your aunt's consent, to cover any work you do.- Ask the attorney if your aunt & dad need to authorize lien, or just aunt.2) Understanding your options to force payoff of the lien.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
Nick Henry Appreciation or Cash Flow Focus When Starting Out
3 February 2025 | 32 replies
I’ve got enough to cover a roof and a furnace.none of this came from my pockets but tenants.
Chris Allen Selling Home on Sub-To
9 January 2025 | 9 replies
I can only come out of pocket to cover mortgage so long.