Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
Two weeks later I stopped by the unit (was passing by and decided to take a look) and found that someone was using the shower and leaving food and clothes in the house with visible intent to return.
Jed Butikofer
Excess Spending $$$
4 December 2024 | 5 replies
In addition we would like the flexibility for me to be able to supplement my income or leave my employer as we see fit.
John Mucilli
Who is really successfully using DealMachine?
6 December 2024 | 34 replies
I added "Google Street Pic" to my account and it successfully pulls Google images for about 75%, leaving about 80-100 leads without an image.
Jay Sheth
Anybody worked with zeker management
11 December 2024 | 37 replies
I paid cash-for-keys to get her out; she was supposed to leave the property in "broom clean" condition at the walk-through.
Sam Lewis
Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
This is why you need to do a ton of due diligence on them and make sure they have skin and the game and something to lose.
Guenevere F.
Is $23k Liquid Reasonable to Start Section 8 Investing in OH?
6 December 2024 | 27 replies
@Guenevere F. you're going to need 20-25% down to get a mortgage.If you target $100k, that won't leave you any funds for closing cost, maintenance or emergency reserves.You could try targeting around $80k, but the $16k-$20k down payment would still not leave you with enough.If you buy under $80k, you're probably buying such a low-end property that it is unlikely to meet your performance expectations.
Ben Cochran
Should I pull some equity to purchase an STR?
11 December 2024 | 11 replies
And then the second item is - if you do take out more money, where does that leave you from a cashflow standpoint.
Candy Kimbro
How to get a second place for my college age kids!
5 December 2024 | 4 replies
I'd consider doing some kind of cash out refi on the property at a number you're both comfortable pulling out, while still leaving $ for reserves to maintain the STR you currently have.
Diego Renteria
2nd property single family home
4 December 2024 | 0 replies
do more research and make sure the property will cash flow when you leave.
Levi Perl
Cash out refi now at 70% LTV or season and wait to do 80% LTV?
9 December 2024 | 15 replies
If it's tight or you're uncomfortable with the tenant you have in there from a confidence perspective, especially if this is a first deal, maybe meet in the middle and get a lender at 75% or 77% (doesn't HAVE to be at 5% increments) that wont make you season, and leave a bit more money in the deal, but sleep better.Overall, if I cash flow well, have/keep reserves, and am comfortable I fixed everything in the house, I like to max out the LTV on refi.