23 March 2024 | 12 replies
I was going back and forth with whether I should send the tenants a letter using certified mail return receipt and then send one to the landlord including the tenant letter and the pictures.

23 March 2024 | 2 replies
My question to all of you is, is this a good idea, if so, what is a good/convincing way to word this and what should I include on the sign?

23 March 2024 | 0 replies
Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

21 March 2024 | 6 replies
According to Experian "78% of U.S. consumers' FICO® Scores are higher than 620." 620 is objectively a very bad credit score with a high probability of delinquency.For my rentals, 700 is the minimum and any applicant with lower credit score will need someone else to serve as a personal guarantor.

24 March 2024 | 14 replies
Rather than simply accessing part of the equity using a cash-out refi you could sell one of those properties and use the proceeds (now with 100% of the equity available including the deferred tax) to purchase two replacement properties.

23 March 2024 | 5 replies
Also, there are construction loans that pay for the entire build project including land.

23 March 2024 | 5 replies
A lot of manpower is lost.As we approach our busy section 8 season (for us April - July) I am looking for better ways (more affordable and efficient options to the investors bottom line) to plan for and execute the workload which may include hiring someone that has section 8 experience to handle our CHA inspections(and associated maintenance work) or a company that we can outsource when the weeks get slammed with inspections.

23 March 2024 | 8 replies
I was wondering if I paid the $29,000 difference(not including my percent down) could it still be eligible for a conventional 3.5% down FHA Loan?

23 March 2024 | 10 replies
Some MICs in Canada may diversify their portfolio to include anything from smaller second residential mortgages to mortgages for commercial development properties.I have found in my experience working with B lenders (i have a long list of them) is that each MIC has its own investment strategy.

23 March 2024 | 1 reply
I meet some of my most influential connections at these meetups including fellow investors, mentors, lenders, contractors etc.