Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
My mortgage lender said they aren't able to do this and sent a letter saying it's not possible.
Michell Chase
Can I refinance my personal conventional mortgage into a DSCR owned by my LLC?
16 October 2024 | 6 replies
Consulting with an estate attorney who understands real estate investment structures can help ensure that your wishes are carried out efficiently.It sounds like you’re on the right track in terms of growing your portfolio, and refinancing into a DSCR loan under your LLC could be a smart move.
Toby Mims
Property Mngmt gone wild
17 October 2024 | 12 replies
We sent old manager a formal letter stating she was not performing so we were hiring new management.
Sam Peterson
Off market deal marketing
15 October 2024 | 3 replies
If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!
Edouard Pierre
Laundry Options in Chicago Multifamily
13 October 2024 | 11 replies
If you own your washers and dryers you will probably make some decent money but get ready when something breaks and the tenants want it fixed right away.If you are priced lower than the local laundromat (which most are for some reason) your tenants not only have to carry all their stuff to the Laundromat but will have to spend more money and may want you to cover it.Also a Service Tech will probably charge $100 to show up plus parts.
Mary Jay
Neighbors tree fell on my roof
15 October 2024 | 24 replies
Or send them a certified letter?
Elliott Beckstrom
Should I put Single Family LTR in LLC
13 October 2024 | 9 replies
I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause.
Jimmy Rojas
First time home buyer, should i use my bank first to get pre approved or broker
14 October 2024 | 8 replies
They should be able to send you a pre-approval letter.
Brandon Flores
Marketing- SEO or Direct Mail
16 October 2024 | 10 replies
I made and mailed all my yellow letters by hand to cut and save on costs.
Gavin Wynn
Taxes/ question for accounants
13 October 2024 | 7 replies
Now there can be some exceptions for expensing certain carrying costs, but without knowing specifics it's hard to say at this moment.