Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
The 1% rule is essentially not going to happen in most markets, unless you are in the midwest or more rural/LCOL areas.
Jessie MacDonald
Renting to someone on an income rental assistance program??
7 November 2024 | 3 replies
So, essentially, you are introducing a new uncontrollable risk into your landlord proforma.
Connor Chatlos
Questions regarding real estate licensing
8 November 2024 | 5 replies
If you are with a cloud brokerage like eXp or Real, you can just move and stay under their umbrella with a new state broker after you complete whatever Illinois needs for reciprocity.If they don't have a TC team, you will need to complete and upload all of the paperwork, but they should have compliance videos for you to do.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
1st lenders in the area will not lend on a burn out. 2nd I am doing this project out of pocket essentially.
Ted Freemyer
Has anyone use Launch Financial Group for DSCR on STR?
8 November 2024 | 19 replies
Issue two is that because it is essentially a game of telephone, there are delays and many misunderstandings.
Connor Bartle
Malicious Tenant Ran was for 2 months
8 November 2024 | 2 replies
The eviction came about after this management company essentially held the house ransom stating they would not vacate the property unless I wire transferred funds to meet their $3,650 demand.
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
11 November 2024 | 22 replies
Without a contract in place, and with no prices being quoted, or estimates made beforehand, we have what’s essentially an after the fact negotiation.
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
5 November 2024 | 3 replies
Many investors see no "hard line" on age as long as there’s strong cash flow and maintenance is manageable, but ensuring you’re prepared for any age-related quirks is essential.
Christos Poneres
Mid-term rentals Jacksonville, FL
7 November 2024 | 2 replies
My other investments focus on the mid-term rental space, and I’m drawn to Jacksonville to stay near hospitals and schools, which are essential for my target demographic.I’d love insights on the strength of the current market here, any projected trends, and tips for making a solid investment in this location.
Orlando Kell
What is proper order of rehab work?
11 November 2024 | 36 replies
@Orlando Kell In that case one of my other favorite books outside of Jscotts that I recommend is What Your Contractor Can't Tell You: The Essential Guide to Building and Renovating