
5 March 2024 | 25 replies
I personally don't like pay too much attention to ProForma as I can't predict the future so I usually just like to know if cash flow is good AND more importantly if I'm financing, if the DSCR (debt service coverage ratio) is high enough to safely qualify for financing (usually above 1.2).

4 March 2024 | 4 replies
My son just got married to a German young lady and they teach it over there....her spending/saving habits are incredible.Re your questions, I'm far from an economist but from what I hear discussed, the real worry is having this situation get so bad that we are no longer used as the world's reserve currency.

4 March 2024 | 2 replies
Conventional mortgages require higher FICO, reserves (money set aside to pay the loan), tax returns...just on that note, they typically won't count any income from the property rents until that money hits your tax returns for 2 years.

4 March 2024 | 2 replies
It's free to create an accountAttom Property Data is something my old office used and paid for and was pretty great resource for foreclosures and lispendences.Usually county courthouses will display property data on their websites or you can see it posted there in person ( Free)Property Shark is paid but pretty useful up here in NYC as well.Free is always nice and as someone who's been privileged enough to used the paid services I would add that if you can afford it, pay for a service for a month or so.

4 March 2024 | 7 replies
For "seasoned" investors, its not a true issue since they would have the reserves to handle it.One technique to try is the "brrrr" method.

4 March 2024 | 18 replies
Of all the numerous reservations I have every year there, only two or three are through Airbnb.

4 March 2024 | 8 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

4 March 2024 | 8 replies
I am not sure if there is a website/service that does this for a fee or if there is some sort of course/training that can explain the things you need to look for.

4 March 2024 | 4 replies
Goosehead writes through a lot of different companies, so they can find a good fit for you.Feel free to connect if you would like a recommendation to an agent in the Indy market.Staci Goosehead charges their agents 50% of their commission as a servicing fee and your agent will then try to steer service inquiries to the Goosehead service center.

5 March 2024 | 8 replies
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