Ricky R.
Syndicated Deal Analyzer?
25 January 2025 | 29 replies
@Ricky RigsbeeWe use Michael's analyzer currently (along with other tools) and find it very useful.
Bob Judge
New Member Introduction
25 January 2025 | 6 replies
I am currently based in Canada and am looking to embark on my real estate investment journey in the United States, specifically focusing on multifamily properties.
Nina Erlandson
Has anyone used Obie Insurance?
28 January 2025 | 56 replies
And of course, if your actual cash value is less than the current mortgage(s) on the property, all of the cash value payment will go to the lenders.
Tyler Walley
Getting Started in Short Term Rentals
30 January 2025 | 7 replies
(I currently live in south MS, so the Gulf Coast is where I am looking)3.
Jarret Jarvis
Should You Self-Manage or Hire a Property Manager for Your Chicago House Hack?
30 January 2025 | 0 replies
However, if your time is limited or you don’t want to deal with tenants directly, hiring a property manager can make your life much easier—just be sure to choose one with solid local experience.Are you currently house hacking in Chicago?
Dawn Harris
Str with property management near Orlando
30 January 2025 | 7 replies
You shouldn’t have to go to a second platform to verify a booking.I’m happy to jump on a call to review your current occupancy compared to the market, as well as “the anatomy of a statement.”
Leslie L Meneus
Is Franchising/Business Ownership "Really" Not Considered REI?
30 January 2025 | 4 replies
As to the real estate earning more than the business, that's not something I often see in the current market.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
I currently live in Tennessee and I have a possible opportunity to in move to the state of New York for a two-year work-related contract come the summertime.
Clarissa Zimmermann
Forms of rent payment
14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?