
21 March 2024 | 1 reply
Should I be contacting expired listings on the MLS, foreclosed listings, distressed sellers etc … Also does anyone have recommendations on how to build relationships with banks, credit unions, investor-friendly title companies, contractors, appraisers etc?

21 March 2024 | 6 replies
Thanks for Replying, Carolina,My credit score is close to 800 (shouldnt be a problem) last time I checked few months ago and property is long term rental producing good return.

22 March 2024 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

21 March 2024 | 6 replies
their bookkeeping software leaves a bit to be desired though, i always have trouble connecting my bank accts so i just manually upload the file monthly now. i'll live. i like how simple it is. with RR tenants can pay through the app, they get reminders, you can manually send reminders, they can make partial payments throughout the month, you can pay $5/unit to have their on-time payments reported to the credit bureau to help build their credit, you can do apps and background/credit/eviction report on there.. and yeah in MA there are just so many stipulations around how security deposits can be used i'd rather just not even deal with it.

22 March 2024 | 21 replies
I'm not one to plug my business and there is enough good, bad and ugly online for all to see.You will find many "real world" reviews on both Ohio Cashflow and Oz Realty via a Google search.Not perfect by any means and we make mistakes.Honest mistakes that we do our best to rectify.Standing the test of time in a real estate niche called turnkey that has been scared by many shady operators speaks for itself IMO.I will say this, investors buying sub $100,000 properties and only owning 1 or 2 and expecting miracles are usually unsatisfied.Sub $100,000 requires volume to work and for a decent long term return to be realized.Our price points are $70,000 - $100,000 and rent's are from $750 - $1,100pm2bed, 1bath and 3 bed, 1 bath is our bread and butter.Sometimes 4 bed, 1 bath and rarely 4 bed, 2 bath or 3 bed, 2 bath.The odd duplex from time to time and the odd 4 unit or 6 unit but those are rare.B class areas mostly.Sometimes B- and C class on occasion which we will stress clearly in any deal pro-forma along with the pro's and con's.Also, those that get their panties in a tangle and decide to leave the wing of Ohio Cashflow, we can't help much anymore as it get's messy and muddy so we have to politely bow out from any continued engagement.

21 March 2024 | 7 replies
I would find local credit unions or small banks, essentially portfolio lenders who hold the loans in house.

22 March 2024 | 12 replies
So looking a little further abroad at some of these places folks are talking out isn't a bad idea either.
22 March 2024 | 12 replies
Over-saturation and ever stricter regulations are making a once no-brainer industry become a bit harder in which to succeed.That's neither good nor bad, it's just made the STR gig more like every other industry.
21 March 2024 | 2 replies
Hello Andrew,To answer your questions yes by going DSCR or blanket loan most DSCR and blanket lenders don't post the tradeline on your credit.

21 March 2024 | 10 replies
There's a credit score range as well.