Alan Mills
Seeking Strategies to scale up
21 January 2025 | 5 replies
If one project slows down, others can keep moving.Stagger Projects: Start planning your next project while finishing the current one to keep your pipeline full.DSCR Loans: These loans focus on the property’s income, not your personal income, which can help you finance more properties.StrategyFlip and Hold: Flipping one property while prepping another for rental keeps cash flowing and builds your portfolio.BRRRR Timing: Since BRRRR is slower now, using DSCR loans to get multiple properties might be a good hedge.Good luck with your flip and future investments!
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
I personally have been an investor in Chattanooga since 2021 and the market has shown tremendous growth and strength, and I'm super optimistic for the future.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
I leveraged my owned land to build my personal home.
Richard L Buchanan
Real Estate Investing
13 January 2025 | 9 replies
It's an exciting journey that can offer both financial rewards and personal satisfaction.
Cody Caswell
FHA Loan for Primary House - Full Time Real Estate Investor
5 January 2025 | 7 replies
This is my first personal mortgage so I'm trying to learn the game.
Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
Third, the typical person renting a room is not a home buyer candidate.
Robert A. Coloma
Anyone dealt with a company LOANGUYS?
20 January 2025 | 62 replies
Matt that is the NMLS number for the company not for you personally sounds like your a VA or something not a licensed lender..