Akshay Bhaskaran
Off-market Commercial Properties?
15 January 2025 | 7 replies
Tons of room to negotiate even on market deals.Very few wholesalers, although I made videos about how to do it.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
There are almost no exceptions to this, so it's not even worth considering.
Anthony Blake
Advice on Next Moves After Buying LTR
21 January 2025 | 2 replies
Thankfully I am currently breaking even on the mortgage with both units rented and we just moved into my girlfriend's parents’ lake house rent free.
Steve S.
What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
Even I can do it, and I am generally the most unhandy person on the planet!
Daniel Liu
How to list rental property to prevent the Price Gouging in California
30 January 2025 | 5 replies
Since Landlords are going to be monitored even more now with the price gouging issues surrounding the fires in LA, I would be extra cautious.
Joshua Nichols
Funding Flipping for the First Time
30 January 2025 | 5 replies
Even more than credit, the more experience and capital you have, the more aggressive a lender is going to be.
Anthony Poulin
Starting a Long Term REI Business Starts Today! Lets go!!
22 January 2025 | 8 replies
I think it even comes with a copy of Start with Strategy for signing up.If i attend PassivePockets or BPCON I will be sure to try to make an introduction.
Jason Munns
Canadian Lender Finder?
27 January 2025 | 5 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).
Joshua Keim
Excited to be here!
27 January 2025 | 12 replies
I recently worked on an off-market deal here that turned into a great BRRRR success, proving how the right team and strategy can create equity and cash flow, even from a distance.If you ever need help analyzing deals or navigating the OKC market, I’d love to connect and assist however I can.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
You are LOSING money because you didn't even raise rents to cover those increases!