Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
However, I enjoy the more operational side of flips and would like to grow my business out of state to increase flipping volume and have less competition in finding deals.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
Michael Mulroy
Rehab and Rent, or Sell?
3 January 2025 | 12 replies
This decision often comes down to a simple numbers game.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
1 February 2025 | 21 replies
Not a lot to add here, just the simple advice to make it as easy as possible to pay rent.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Buy and renovate the property and in 6 months do a simple cash out refinance and pull out some cash and start the REI process all over again.I am North of you up in Pinellas County West of Tampa and there are also some great places up here that might save you some cash.
Jay Chung
Cost effective way of dividing up basement access for duplex
6 January 2025 | 4 replies
@Jay ChungI would have a handyman frame out a simple wall, 2x4s, and drywall.Years back, we did something similar in a garage we rented out.
James R.
I really dislike Airbnb. Anyone else?
26 January 2025 | 21 replies
Most PMs concentrate on marketing, and at least somewhat neglect operations.
Van Lam
Cash Out Refinance
11 January 2025 | 7 replies
On a commercial asset the value is directly based on the NOI (net operating income).
Patricia Andriolo-Bull
Pricelabs referral code
3 January 2025 | 4 replies
There are a ton of tools and resources that not a lot of people know so doing some YT watching and their training helps immensely. also, happy to answer any questions you might have on set up / operations.
Jon D.
Relocation / selling vs investment?
22 January 2025 | 12 replies
, and I want my operating cost to be less than 50% of the rental income.