Jordyn Ohs
What do I do if my DTI is getting in the way of my next investment property?
16 January 2025 | 7 replies
Consider using DSCR loans- Cash flow of the property is considered in lieu of your income3.Consider purchasing in a different asset class (Large multifamily) where borrowing will be a function o fthe property income, not yours
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
Rent growth is a function of supply, demand, and interest rates:- I'd ground any forecast by stating I expect national rents to rise on a pace more or less in line with inflation over any long time period. 2-3% per year.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
We have much more robust capabilities in MLS that typically in most areas aren't available to the general public.
Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.
Carlos Rodrigues
Purchasing a property with illegal bathroom
31 December 2024 | 8 replies
Instead, shut off the water to the toilet and place a sign on the door "Art exhibit: Non-functioning bathroom."
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Ugh.Looking for options to QBO:- supports classes, or some functional equivalent to QBO classes, which I use to sort be able to look at per-property P&L, capEx, etc.- CPA just wants a pdf or excel SS for P&L, BalanceSheet, GL - so could use whatever I want, in theory.- bank integration (download transactions) a must- no employees, so don't need payroll- if it'll bill that's awesome.
Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
I find new lending opportunities by networking at local RE Meetups, Training Classes and real estate functions.
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Buyers Want More Than a Pretty HouseSan Diego buyers are discerning, and they don’t just want a house that looks nice—they want one that functions well and reflects their lifestyle.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
If you're looking for software with strong rental accounting capabilities though, there are apps that have this functionality built into them (rather than paying extra through RentRedi to use the REI Hub.
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
Thankfully market has been so robust that I have only gone long on 3 out of 80.