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19 January 2025 | 18 replies
If you want to think about it as a math problem, it’s all about where you put your time to maximize returns while also factoring in what you enjoy doing.Picking the MarketI’m the kind of person who gets analysis paralysis.
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14 January 2025 | 28 replies
This way, I can get the bank statements for the property and categorize and reconcile everything.
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9 January 2025 | 32 replies
At some point, the juice isn't worth the squeeze for us and we just want to enjoy life.
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31 January 2025 | 11 replies
Yoru bank probably wants yoru mailing address to match your ID.
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19 January 2025 | 51 replies
The tenants enjoy using the interface, it is simple to communicate with them as a whole or individually, collect rent payments and see when they are in transit, offer CC payment options at tenants expense, track maintenance request, share documents, and lease the property.Short comings are their financial portion.
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24 January 2025 | 8 replies
I know the 2 str units would represent a nuance to most banks but I've seen a few programs that are okay with it even on 5 + MF.
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12 January 2025 | 6 replies
Some banks and lenders will calculate your Heloc payment based on the Max limit even if you only have a small portion used due to preventive risk.
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21 January 2025 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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19 January 2025 | 3 replies
There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.
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23 January 2025 | 24 replies
We don't tend to get them when buying from a bank (because they usually won't budge on price) or wholesaler (who often provide an inspection) but do our own thorough inspection.