Daniel M.
Mid-term rental research- What should I look for?
9 January 2025 | 6 replies
Similar to the comments above on using FurnishedFinder, also check Airbnb and sort for 30+ day rental options. in addition, I'd recommend talking to the local university and hospitals nearby by calling to their various departments.
Carsyn Childress
Are wholesalers using BiggerPockets?
29 January 2025 | 18 replies
Let me know if you need any additional information, feel free to give me a call.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
These are professionals with additional training and a stricter code of ethics.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.
Alex Patton
Refinance DSCR Advice
3 February 2025 | 23 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Moshe S.
1031 my portion or total sales price
16 January 2025 | 7 replies
Additionally, the replacement property must be real estate to qualify under IRS rules.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
2 January 2025 | 2 replies
Outdoor storage, moving services, additional parking.
Gabriella Pellolio
1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
When considering refinancing, also factor in the closing costs of the new mortgage to determine if it actually helps you.
Alba Cheung
tenant has not paid for 4 months and this's what happening now.....
15 January 2025 | 15 replies
Additionally, she stated she doesn’t want to pay either.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Additional resources and tools via brokerage....