Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
If you it takes 2 months to deploy, you are getting 10/12 of what you anticipated.
Richard Gann
3 Factors to Consider in Exchanging Your Oregon Rental Property
16 December 2024 | 1 reply
Someone who knew how to juggle those strict timelines and anticipate the tenant-related curveballs.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
If so, I anticipate that the other two tenants may ask the one responsible for the bedroom above to pay for most or all of the costs, which may be financially burdensome for that tenant.While I have the plumber’s report confirming that the pipes are fine, I do not have definitive evidence that the leak was caused by the tenant’s actions.
Colton Bridges
How to refi out of hard money loan/multi unit
21 December 2024 | 24 replies
Simply use the signed leases to qualify the anticipated PITI.
Hector Espinosa
The Biggest Lessons You Have Learned in Real Estate in 2024
13 December 2024 | 3 replies
We didn't anticipate the housing market slowing when it did in August and now we are holding a flip that for all accounts should sell.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
I feel confident we will have it occupied and possibly at a higher return than anticipated at closing.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
Business plan being executed as anticipated and head of schedule.
Trey Holloway
Financing and Down Payments
15 December 2024 | 13 replies
About 20% use DSCR (usually 20-25% down) and the rest are cash or hard money or something else.For $325k purchase:1) As a broker I would negotiate down as its been on the market a while and its especially now in holidays)2) I would also negotiate seller paid closing cost credits, most loans allow 3% which should cover most or all of that.3) Assuming you paid $325k but got closing costs covered I would anticipate a minimum of $32,500 down and maximum $65,000 down depending on lending product chosen.4) Remember you still must furnish and I use $20/ft as a safe estimate to fully outfit an STR property.Best of luck!
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
I'm stressing because I wasn't anticipating this and am not excited about the prospect of paying 2k more than I was expecting when my mortgage payments kick in next month.I'll be searching the forum for answers as well, but since I am kinda desperate at the moment, I thought I would go straight to the source for advice.
Arthur Crum
RAD Diversified SCAM ALERT!!!
17 January 2025 | 238 replies
We rightly point out that an investment not meeting target returns does not necessarily indicate fraud; that any investment outside of US treasury bills is a RISK and a percentage of investments don't and won't work out as anticipated; and that leveraged real property investments are higher on the risk scale than a lot of other investments. 2.