Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
How I handle them is typically not well because I am not as swift as I should be - this is when having a PM is so valuable.Whats your goals/vision for 2025 Fed?
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
Keep in mind refinancing costs typically range from 2%-5% of the loan amount, so weigh the upfront costs against the long-term savings to see what works best for your goals.Good luck!
Ana Mills
Handyman can connect eletrics for Mini Split
23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
Rich Davis
More Insurance tightening
22 December 2024 | 2 replies
Our biggest climate risks in central Texas are typically wind and hail, so anything of concern regarding the roof could get an applicant declined including trees too close to the roof surface, roof over 10 years old, etc.
Eric I.
Midterm vs long term - Renton WA
24 December 2024 | 7 replies
As @Julia Lyrberg noted, MTRs typically rent for more than LTRs, as they should for a furnished home with utilities included.
Rud Sev
High level of taxes for syndication
20 December 2024 | 20 replies
Yes, typically for accredited investors only (although they often accept up to 100 investors).I have seen a rare TIC based one and yes...more typically DST.
Rene Hosman
What is your preferred way to collect rent?
28 December 2024 | 12 replies
I also accept checks but generally my tenants don’t mail these until the 3rd or 4th which typically means I don’t receive them until the 7th-8th.
Brock Bernall
Private Money Contract
21 December 2024 | 3 replies
If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common
Lenny Montesano
Young aspiring real estate investor seeking advise
3 January 2025 | 26 replies
Rates can be very similar to those of conventional financing (Fannie/Freddie - full doc loans that you will need to prove income to get), but typically a little higher than conventional financing. 2nd - Networking and partnerships!
Irina Badal
Living trust/personal residence trust
24 December 2024 | 5 replies
All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit.