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23 May 2024 | 10 replies
Like most real estate, your entry price point has to be attractive, and you have to have the right product.
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25 May 2024 | 15 replies
In my personal portfolio there aren't any pet restrictions = better tenants, higher rents, and tenants that stay longer.
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25 May 2024 | 7 replies
Unlike personal property, real estate also requires agreement on closing date, repairs, etc., so even if list price, cash is offered, another term might not work, so likely no way to hold a seller to sell until they actually sign an offer.
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25 May 2024 | 10 replies
So if you are looking to meet agents, wholesalers, maybe a couple lenders, or some investors that have done a few flips or own a couple SFRs, you will find many people there.This isn't to say they are bad, but in the several dozens I have attended, they have not been worth my time, professionally or personally.
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24 May 2024 | 15 replies
Let's goo.No DTI calc on a DSCR :) also, you may want to consider refinancing your other investment properties into DSCR loans or a portfolio under an LLC to remove them from your personal credit…that should help your DTI/utilization/credit scores.
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25 May 2024 | 5 replies
A mentor is someone who takes you under their wing, usually because they have a personal relationship with you.
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25 May 2024 | 2 replies
More standard income variations are: asset depletion (using reserve distributions as the proposed income) or average personal or business bank statement deposits over a 12-24-36 month period.
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22 May 2024 | 48 replies
I personally have a very strong reputation in the Detroit market as well as here on BP.
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24 May 2024 | 5 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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24 May 2024 | 2 replies
Before I purchase an insurance policy I wanted to seek some guidance on the best way to proceed.I received 1 quote so far for a HO3 policy that has 600k+ of dwelling coverage, 70k of additional structure, 450k personal property, 200k loss of use, 500k liability, and a few extras like equipment breakdown, water backup, service line.