
14 May 2024 | 15 replies
Hey everyone, I should’ve included a photo in my original post.

14 May 2024 | 6 replies
I do appreciate that every REI property is different and have used many of the existing calculators to do the math, including Rent to Retirement (leaning towards using them) and that it is not easy to get instant thousands per month in cash flow.

15 May 2024 | 6 replies
I suggest sending the notice, including the details of the lease stating what their responsibilities are.
15 May 2024 | 8 replies
The thing that you need to keep in mind is that apples are not always apples when you are comparing properties . . what is the finish level inside each factors into sales price.

15 May 2024 | 17 replies
I think that platforms, groups, etc. are only a small factor to vacacnies and slow periods.

14 May 2024 | 10 replies
You also have to factor In your closing costs each time you refinance, and if the goal is to pay down your loan aggressively, you will be hitting reset each time you refinance.

15 May 2024 | 3 replies
I have been in talks with a GC in Georgia and his method of building is: He builds everything at costs and doesn't include any markup or fees, he oversees everything, I only supply funding, and we split 50/50 the profits after paying back the bank and all other associated fees.Since I am only supplying the funding for the deal, is there a way I can structure doing this so that this is considered passive income for myself since I won't be involved with the construction or overseeing the project?

15 May 2024 | 11 replies
AKA it is a way to access some of the money you've put into your home while also making sure you can still afford your mortgage payments and other debts.You will need a renter in place as rental income is apart of the calculations when underwriting these loans in addition to the other factors you mentioned like monthly housing expenses (PITIA: principle, interest, taxes, insurance, assocaited fees ARV, debt outstanding.

14 May 2024 | 31 replies
@Trevor CrabtreeCheck the math and the rents and make sure to factor in your cash flow calcs for maintenance and a cushion for bad actors especially out of your area.