
18 November 2024 | 15 replies
I do like the auditing aspects, though—isn’t that something EAs are knowledgeable about too?

21 November 2024 | 305 replies
This has been crucial to the success of getting in paid in full by so many tenants.

14 November 2024 | 8 replies
I believe it's crucial not to require an application before viewing a unit.

13 November 2024 | 2 replies
Here’s the context:I own a rural property with two rental units:A manufactured home from the 1980s in temporary status with the county (meaning it can’t be replaced), which currently rents for $1,350 per month.A one-bedroom permanent residence that rents for $1,300 per month.My monthly mortgage payment is approximately $1,200, and cash flow is crucial to me right now.

18 November 2024 | 16 replies
Hi @Philip Jones,For the refinance aspect, the main factors will be the FICO Score, cash flow of the property, and as-is value.A Higher FICO will let you get a larger loan size and lower interest rate.Good Cash Flow will ensure that your property will be profitable for you and enable you to get the max loan size that your FICO allows for.The As-is Value will play an important role in making sure that you meet the minimum requirement for a DSCR loan of 100k, but also in making sure that the rehab work that has been done provided significant value add.

16 November 2024 | 12 replies
I should have also added that the reason I am pulled towards real estate as a wealth generating mechanism (I.e. the appreciation aspect) is that I bought my first house with ~$20K of my own money in Baltimore (supplemented with 6K of grants), bought at the right time and did a little fixing it up, used the proceeds from sale of Baltimore home to get into the lower end of the market in quickly appreciating Seattle.

13 November 2024 | 4 replies
It’s crucial for me to achieve a favorable appraisal, as my estimates place me comfortably below 80% loan-to-value.

18 November 2024 | 14 replies
Need to look at the other aspects to show the way.

11 November 2024 | 11 replies
Focusing on growing capital, reinvesting profits, diversifying investments, and using tax strategies is crucial.

14 November 2024 | 22 replies
For your overseas fund investing in Cleveland residential properties through a U.S. corporation, it's crucial to partner with a bank experienced in working with foreign nationals and investment funds.