Jill Young
85% LTV Loan for one property with 3 STRs in Texas
30 January 2025 | 13 replies
Speaking of DSCR in particular, 80% will likely be your best bet versus 85%.
Joy Daniels
Pets and Service animals at STR
18 January 2025 | 15 replies
Best bet would be disclose in your listing & disclose again in your welcome message when they book.
Don M.
First time with new construction: Cape Coral, FL
5 February 2025 | 205 replies
Was it through internet search/referral/ other channels?
Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 replies
I think investing from Internet is pretty tough right now.
Britt Abbey
Coin-op Washer Dryer Usage - Unexpected
5 February 2025 | 15 replies
Both upset the same mechanisms (same brand, matching models).The camera option may be the best bet.
Jaheen Ahsan
Attracting Roommates Who are Okay with Not Having Alcohol
4 February 2025 | 7 replies
Again, you’ve probably thought of these, but those are likely your best bet.
Steve R.
Evicting tenant who's made partial payments. Do I need to give them 30 day notice?
18 January 2025 | 3 replies
You have to know your state landlord-tenant laws; they are on the internet:"In New Jersey, a landlord may need to give a 30-day notice to pay rent before eviction if the tenant has a history of late payments and the landlord accepts them.
Chris Seveney
Home Payments as % of Median Income
2 February 2025 | 14 replies
2) I bet you could draw that same or even more extreme graph for new car prices.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.