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12 December 2024 | 6 replies
While it's not nearly as good as talking to Michael himself, reviewing those resources will make you a vary savvy and informed consumer of Cost Seg services.
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4 December 2024 | 18 replies
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13 December 2024 | 9 replies
That can vary depending on the market and the level of service provided.Hope this helps!
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9 December 2024 | 1 reply
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19 December 2024 | 13 replies
Focus on cash flow, leverage financing smartly, and structure your deals to remain flexible under varying tax conditions.
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12 December 2024 | 6 replies
@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.
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20 December 2024 | 28 replies
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17 December 2024 | 17 replies
If it's vacant and you are relying on that cash flow, it won't come for a while.Check the forums here for the events and meetups category and you should find some near you.
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9 December 2024 | 8 replies
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15 December 2024 | 14 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 = 1.23DSCR lenders generally let you vest either individually or as an LLC.