Aaron Fischer
Transition to Inspira Financial Trust from Quest Trust Company
21 January 2025 | 3 replies
I have been Quest client for 6 years and this transition is beyond anything I have ever seen and my career was putting new systems in for companies.I am trying to get a deal closed and can’t get a response.
Jonathan Small
Should I Partner with a Successful Wholesaler in a New Market? Seeking Advice
17 January 2025 | 4 replies
I think I am trying to figure out how to find a good wholesaler and see if it makes sense that they add my target area to their operations.
Steve NA
Financing MHP and other questions
28 January 2025 | 4 replies
I would focus my attentions here and try to stay local (within a 4 hour drive) as the POH rentals require more engagement.Financing is a tough deal... but sometimes you can find those Mom and Pop operations with quite a few POH rentals that will work with seller financing on a reasonable interest rate with a balloon within 5-7 years.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
So I'm trying to have a "built to sell" type mentality here.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
The management company replaced some of them, however there are still several other fees related to the theft that we are trying to get reimbursed for (they told us we would not be charged, they charged us anyways).
Chase Calhoun
Build to Rent- BTR
26 January 2025 | 15 replies
We are trying to cut costs on the ones we are doing now, but still trying to keep the quality high.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
Fannie Mae will allow you to transfer the deed to an LLC if you decide to try to go the conventional route, but the loan would still be in your names and you'll need to pay a title company a second time post-closing to do this for you. 3) I can't speak for the area so no comment there4) If you're self managing, make sure you find vendors you can trust in the area since you won't be able to easily verify if an HVAC guy, plumber, etc. is trying to rip you off and tell you to buy something you don't actually need. 5) Make sure you have clear alignment of goals and a clear operating agreement that spells out what to do if those goals start to not align in the future since you'll be jointly obligated to these properties.
Lucas DeAndrade
Ohio Rookie Next Deal
4 February 2025 | 9 replies
when they find a growing market that works well for their investment there is no reason to try to look for another market.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.