Shawn Questa
Creative Ideas to Help Distressed Seller and make a Deal Work
23 January 2025 | 3 replies
Most likely it would be around 150kish - so why pay 180k for a 150k home in that instance?
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
30 January 2025 | 7 replies
They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).
Ian Russell
1031 exchange question
15 January 2025 | 3 replies
For instance, if there was a total of $250K of debt on those properties that woud leave you with $350K of proceeds to use to purchase $600K of real estate.
Kyle Carter
Forclosed housing informational - personal experiences
15 January 2025 | 5 replies
In what instances does a house get foreclosed on?
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
Tenant had some risk items such as extension cord going from outside to inside which invited an inspection.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
As noted above, a cash deal with all capital liquid in an account today is going to be taken much more seriously than a financed deal or a syndicated deal. 10% EM hard at contract signing and a 45 day close with no extensions will be taken more seriously than 3% EM hard after 30 days, with a 60 day close and 2x 30 day extensions.
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
29 January 2025 | 5 replies
The rates vary throughout the State because of the different millage rates and tax districts, but in Richland County for instance, the taxes essentially triple once it goes from legal resident to non legal residence.
Jack Phillips
Best CRM to use in 2024?
26 January 2025 | 19 replies
You can use third-party apps like SmrtPhone or CallRail for the dialer and texting functionalities.Salesforce: Known for its versatility and extensive customization options, Salesforce can be a powerful tool for your business.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
27 January 2025 | 56 replies
(Littleton and Colorado Springs, for instance, initially had laws allowing Airbnb and then revoked those laws but grandfathered in existing permits.)
Spencer Thomas
[Calc Review] Help me analyze this deal
18 January 2025 | 4 replies
For instance if I’m looking at potential capital expenditures over the next 5 years and the range of the cost is between $25k and $75k, I would use $75k in my projections.