
2 August 2024 | 10 replies
I am looking at structuring a deal and I'm worried the DSCR will be too low and the deal may benefit from restructuring by purchasing the 2 vacant out of the 12 otherwise occupied units with hard money as opposed to trying to purchase all 12 with a institutional loan just because I'm worried the 2 vacancies will drag down the DSCR for the new purchase.

1 August 2024 | 3 replies
I can save alot of money by just building a new house.

5 August 2024 | 6 replies
Can potentially make more money in less time, and control when someone stays.

31 July 2024 | 2 replies
After some rentals, flips and wholesale deals I landed on private money lending.

4 August 2024 | 30 replies
I don't have large money to pay off the that lien.

4 August 2024 | 5 replies
There's also regular inspections of both the living conditions and conditions of the home, and I've known some LLs in my area to fail for really stupid things (like a broken screen that the tenants must have broke), and if you fail no money until you pass.

1 August 2024 | 3 replies
Finally (after 7 years of reading books, research, podcasts etc) jumped off the cliff and bought a major fixer upper for very little money.

1 August 2024 | 19 replies
Figure $100 to get out there and another $100 in labor for 8 hours you should be looking at around $1000 and that’s all profit (less gas money).

5 August 2024 | 9 replies
Better hurry up and get your permit so your house can sit vacant all summer 🙈🙈Everyone’s selling right now to escape the Poconos market - houses are flooding the listings bc no one’s making any money.

3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system: ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?