
23 November 2024 | 11 replies
A great way to start is by attending RE events and joining a local investors association.

22 November 2024 | 9 replies
I have several people with lots of expeirence and money that would like to do some of their DSCR and fix in flip using their NON Profit Charity instead of their LLC. 1 in particular is associated with Affordable Housing in Atlanta and all the rents for certain groups will be subsidized.

28 November 2024 | 184 replies
Is there an email that is associated with Mr Adams and the VanGuendy issue?

22 November 2024 | 4 replies
Training board member's is just not in my niche.If you have a bent toward education or someone on your team, you will be an invaluable part of every association you manage.

21 November 2024 | 3 replies
I'm keen to connect with fellow STR owners in the area to gather insights on the ease of finding cleaning services and associated running costs.

23 November 2024 | 10 replies
I'm fortunate enough to have the portfolio I have, but the headaches and R&M associated with owning property are pretty high.

21 November 2024 | 4 replies
- What are some hidden costs associated with purchasing unimproved land, such as property taxes, closing costs, or financing fees?

22 November 2024 | 28 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

22 November 2024 | 12 replies
I am eating it out of pocket, and going to try to push it back on FEMA and any association that can work with me on it.

20 November 2024 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).