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13 August 2024 | 14 replies
Lastly, the last background issue you found was from 5 years prior.
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14 August 2024 | 84 replies
I was just there all last week meeting clients and hunting deals.
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15 August 2024 | 21 replies
As might be the case in a Flip that needs work or similar.I am assuming that it would be OK for me to do normal maintenance on a rental that I would be holding long term - such as mowing, small fix-it projects, etc..
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12 August 2024 | 0 replies
Despite a challenging economic environment marked by inflation and slowing consumer spending, major dining chains like Taco Bell, Outback Steakhouse, and Applebee’s are pushing ahead with expansion plans.Yum Brands—parent company of Taco Bell, KFC, and Pizza Hut—opened 894 new locations globally in Q2 2024, marking a 5% increase in total units from last year.
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15 August 2024 | 34 replies
I am thinking long term in planning what is best for my specific situation.
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15 August 2024 | 8 replies
When you can buy properties like this, you can get almost 100% of your money out of the property, convert the property into a long term rental loan, with a DSCR Loan (Debt Service Coverage Ratio) where we as the lender look at the property and if it cash flows, and that is expressed as a ratio, for instance if your Total Loan payment including Principal, Interest, Taxes and Insurance was $1000/mo, then you would need a rent of $1200/mo and you would have a 1.2 DSCR Ratio.Here is an example of a cheap duplex https://www.zillow.com/homedetails/732-Broad-St-Menasha-WI-5...
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14 August 2024 | 3 replies
I believe I heard something called pocket listings on one of the podcase episodes last week.
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17 August 2024 | 30 replies
I had made a list last year from the kind people on BP...I called around 12 banks, found the 3 with the most competitive rates...lost the list and all my info in a house move...I’ll get to calling these banks tomorrow!
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15 August 2024 | 0 replies
Long-term hold rental Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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15 August 2024 | 9 replies
I'm a new investor in Seattle and have been analyzing flips, short-term, and long-term rentals using Dealcheck and some proformas that local agents and investors have sent me.