
19 March 2024 | 9 replies
If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck

21 March 2024 | 9 replies
They include money toward the acquisition and also include escrowed money for rehab work.

21 March 2024 | 7 replies
If your long term tenant is willing to pay more include the utilities and raise the rent.

22 March 2024 | 88 replies
That's not including tax benefits.

20 March 2024 | 8 replies
All of the quotes are including rental income replacement.

21 March 2024 | 7 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

20 March 2024 | 18 replies
I very seldom seek broker lender's loan programs as I know there are many "wanna be" lenders out in social media, so I go to other reliable websites, I look for reviews and if I don't find any reviews then I just move on.

20 March 2024 | 2 replies
*The taxpayer maintains contemporaneous records, including time reports, logs, or similar documents, regarding the following: hours of all services performed; description of all services performed; dates on which such services were performed; and who performed the services.

19 March 2024 | 9 replies
It's also important to ensure your property is presented well with professional photographs and possibly a virtual tour.Additionally, expanding your marketing to social media, real estate forums, and local community boards could help increase visibility.

21 March 2024 | 18 replies
PS this one I believe is fully furnished and is included in price.