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Results (10,000+)
Victor Steffen What's the deal with Forney Texas?
12 October 2024 | 6 replies
Those might make good rentals...but also there can be extra costs...see if they are in PIDs/PUDs or MUDs that add significant cost to the monthly payment...maybe $100-$200 extra a month.Also $2500 sounds high on rent to me for 1800sqft....I would think more like around $2000/month, but haven't looked in that area lately.I do like Forney....one issue is I don't think there are good demand drivers there. 
Anita Z. Investment, STR in Upstate a good investment?
12 October 2024 | 4 replies
Are the STR's there a good investment?
Account Closed Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
However, many real estate investors use the inspection to determine if the property is a good investment.Here’s more information about these two steps:Home appraisal: Mortgage lenders require a home appraisal to ensure the sale price represents its current market value.
Michael Politi UBIT Implications for Preferred Equity Investment
22 October 2024 | 9 replies
Not an expert on this but it appears YES this would be subject to UBIT and a good amount (70%).
Cade Phelan New Member from Houston, TX
21 October 2024 | 6 replies
You made good choices with the books you're reading!
Alyssa Balam Forclosure or try to sell at a loss??
20 October 2024 | 17 replies
If they were good comps and the market has not fallen, then those comps could be the basis of an appraisal appeal.  
Shelby McKean Thoughts on Turnkeys?
14 October 2024 | 31 replies
In your situation, it sounds like the primary focus for you is more a quality of life play (reducing your commute time), and the STR may allow you to break even cash flow wise? 
Tanner Johnson DSCR "Rural" lending
24 October 2024 | 32 replies
Here's a link to their rural search tool - https://www.consumerfinance.go....As long as you have reasonably close comps and the CFPB says it's not rural you have a good chance of getting an appraiser to avoid checking the box for rural to appease DSCR lenders. 
Jerry N. Any recommendations for smoking detectors?
21 October 2024 | 6 replies
All good suggestions--if you find this becomes a bigger issue, one thing we have done in the past is offer back the security deposit in full to get people out. 
Kerrel Gomes Market Trends in Hampton Roads Virginia
21 October 2024 | 2 replies
Good luck with your investments