Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 replies
However, my favorite method is still the simplest: checking the cash in the bank.Each week, I look at the current account balance (minus any outstanding credit card balance), compare it to last month's balance, and even check back to last year’s balance.
Fareen E.
Renovate later for less cash flow now
4 November 2024 | 6 replies
Quote from @Fareen E.: Quote from @Theresa Harris: Let her rent it back at market value-why are you giving her a discount-did you get a better price when you bought it on the condition she could rent it below market value for a while?
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
No proof of liquidity.When I asked for any proof of liquidity, the realtor says they are not interested in jumping through hoops and called me a jackass.Is this how business is done now?
Stefanie Bradford
Real Estate App to manage your own investment property
6 November 2024 | 7 replies
It is completely free for the landlord and tenants and the site makes money through premium features like background checks, speedier processing of rent payments, etc.I can post rentals, accept applications, do background checks, create leases and send them out for e-signature all for free.
Rafael Ramos
Seeking Advice On Real Estate Investing
5 November 2024 | 9 replies
I have liquid funds ready, but I want to make sure this is worth my time compared to the 5-6% cap rates I've seen on multifamily units in South Florida, which are close to what I already get from CDs and high-yield savings accounts without the hassle of property management.I'm also hesitant to invest out of state since I'm new to real estate and don’t want to make a costly mistake.
Loren Cota
Wholesaler on Big Island
5 November 2024 | 15 replies
Aloha nui e @Loren Cota,Are you still in the process of looking for a house on the Big Island?
Grayson Grzybowski
Getting Advice with buying Real Estate
11 November 2024 | 16 replies
I have gotten 90% financing for more than 1 first timer because of their credit and the quality of the project.You need to be very liquid using credit unions for the purchases of shell houses cause the rehab will be on you.
Jose Quinones
Analysis Paralysis Help: Househacking with my VA or a line of credit?
7 November 2024 | 6 replies
Loan balance is 280k, value is over 500k, cash flows about $1300…went to apply for a business line of credit thru my operating LLC and was denied due to losses in last years schedule E…the idea was that I use the LOC to help pay for a down payment.
Jhamari Hogan
Still investing in Cleveland/sub-markets?
8 November 2024 | 14 replies
I just picked up two more, One in S Collinwood, (Nathanial ) all in 75k, rented 1700, All in 70k E 109 rented for 1500.
John Vasconcelos
Considering RE Investing with BRRRR but came across this
4 November 2024 | 4 replies
REITs are easy to get into and highly liquid - log in to your brokerage account and buy a share - but you have zero control whatsoever.so...