David Robert
Let's talk Cybersecurity!
9 December 2024 | 1 reply
According to dictionary.com, cybersecurity is defined as:1. precautions taken to guard against crime that involves the internet, especially unauthorized access to computer systems and data connected to the internet.2. the state of being protected against such crime.It is a very generic definition, but it's not too far from the truth.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
Trust me, out-of-state investors do this all the time here, and it works like a charm.Oh, and here’s a little bonus you might not have considered: buying in Florida means you also get access to some of the best beaches in the country.
David Martoyan
Making BRRRR truly work in 2024
17 December 2024 | 16 replies
Some DSCR lenders are stepping up for BRRRR investors with lenient seasoning periods and the 1.0 DSCR minimum, making refinancing much more accessible.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
When I tried to open this account though, they treated me like a criminal even though I explained this repeatedly and all of my documentation was in order.My only concern about using Solera or Titan is that there's no local branch for me to access, and I'm kind of old school.
Sherry T.
Do You Agree with this Statement from “The Book on Rental Property Investing”?
10 December 2024 | 5 replies
It's not profit until you access it in some form of cash.I've seen investors loss properties with equity (a few with a lot of equity) because they can't sell at a price high enough to gain that equity, or because they can't refinance it due to the negative CF,...which would increase with a new mortgage.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I am constantly seeing the constant push for baselane.
Lily Jensen
HELOC on investment property
6 December 2024 | 7 replies
Hi Lily,I founded First Access Lending to provide Access in scenarios just like this!
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.
Dean Halpin
Need Real Estate Guidance (22 yrs old)
10 December 2024 | 7 replies
I ended up getting around 9 deals under-contract, while constantly being pressured by my manager to get more deals under-contract or he would publicly mock us in front of everybody.
Simandu Yakubov
Is there good project management software for Managing Multiple Property Renovations?
7 December 2024 | 1 reply
. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.