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18 January 2025 | 9 replies
Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI.
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21 January 2025 | 14 replies
Hey Tyler we hate to hear that your experience was negative sincerely we would have hoped that we could have come to a resolution we know that you and your partner had made a request that we do $800 of work that was unfortunately not in your scope of work at the time we had exhausted $4900 in additional work to ensure the property was to satisfaction which included a new hood range upgraded lvp flooring additional framing new window and a paint upgrade from a single color format to a multi color format and can lighting all of which was never in the original scope and unfortunately when we requested that we do the work you declined I’ve attached before and after videos of the home for reference https://www.dropbox.com/scl/fi/h0ddll4cyp5g5gq12o73s/Video-J... always twos sides to these stories..
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20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.
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22 January 2025 | 0 replies
Unlike refinancing, which involves taking out a new loan, recasting keeps your existing loan terms—including your interest rate and loan duration—intact.
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20 January 2025 | 12 replies
I have property in three out of four of those counties including one SFH in Madison, one SFH in Limestone on 20 acres that's being developed to a MHP slowly, and one existing small MHP in Morgan County.
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19 January 2025 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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2 January 2025 | 0 replies
I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate wit...
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13 February 2025 | 95 replies
As mentioned in a previous comment, REIAGC a non-profit, and everything is primarily run by volunteers (including the Board of Directors), and has been so for over 20 years.
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20 January 2025 | 11 replies
I just bought a new-build townhouse in Nov 2024 that included a washer, dryer, fridge, microwave, HVAC, etc. for $240k.
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16 January 2025 | 5 replies
There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom.