
16 May 2024 | 2 replies
They support only Pro members on phone, which doesn't make any sense.Any suggestions?

17 May 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

15 May 2024 | 4 replies
I am 18 and I work prevailing wage job.

15 May 2024 | 5 replies
Thank you for all your suggestions - I have learned a lot from this forum and all the advice has been invaluable in me having the confidence to remotely buy and self manage my properties thus far.
16 May 2024 | 4 replies
Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt.

16 May 2024 | 18 replies
Otherwise, it’s like buying a retail business and having to work it yourself to make a profit – that’s called buying yourself a job, not a business.Appreciation has historically been sluggish in DFW, the most recent uptick is somewhat of an anomaly and may be at a relative high point, or lower relative affordability at the moment, which typically translates into pressure on prices.

15 May 2024 | 17 replies
Hi Flavia, Research the local market trends, economic indicators, job growth, and development plans in the area to gauge its long-term potential.

15 May 2024 | 16 replies
Does anyone have any similar suggestions for places with relatively nice summers in a lake town as well as ski resort proximity to help with winter demand?

16 May 2024 | 4 replies
Not at all affiliated with these guys but have heard they do a good job: https://www.nationalfamilymortgage.com/

14 May 2024 | 7 replies
Post Part-Time Job Posting on Indeed: I have posted part-time jobs on Indeed (or other job posting sites) for specific jobs and got a list of reliable workers looking for part-time work.