Matt McCurdy
Cash Flowing Rental Property Still Exists!!!
29 April 2024 | 13 replies
My net worth does too!
Jeff Daring
Requirements for conventional - using income from rental
29 April 2024 | 9 replies
Lender two above is saying we can use the income from the investment property I am about to purchase to increase my approval amount, and lender one is saying we can’t because I don’t have landlord experience and am not currently paying rent.
Kay Mistry
Reaching Potential Homebuyers Out of State
28 April 2024 | 2 replies
Video Tours and Live Streaming: Offer live video tours or virtual walkthroughs of the property, allowing out-of-state buyers to view the property in real-time and ask questions remotely.Combining these methods, sellers can effectively market their property to buyers in different states, maximizing exposure and increasing the likelihood of a successful sale.
Alfred Dublin
Talking to Lenders (Augusta,Ga)(North Augusta,sc)
29 April 2024 | 3 replies
For example, they might want to know things like your credit score, just to know whether some loan programs are worth mentioning or not.Just be respectful of their time and you'll be fine!
Alon A.
Multi family investing
29 April 2024 | 3 replies
Hey guys I am investing in Dallas Forth-Worth & Tampa area Long term rentals and I’m doing section 8 also , I am getting property with hard money loan , remodel them, and then re fi them for 30 years , I put around 45-65K for each property I have 4 properties that cash flowing $300, $500, $1000, $250 per month I wanted to get into Multi Family - 4 plex, 6 plex and up even 8-12 units as first deal.
Christopher Ewing
Newbie - Signing Agent Question
29 April 2024 | 9 replies
It seems legit but I don't want to waste money if it isn't worth the cost.Also, I live in Kentucky, which I learned is a state that requires an attorney to sign off on all sales.
Raj Patel
Cash out Refi
28 April 2024 | 9 replies
I feel this target can be achieved given recent cap rates sold in the area, and hundreds of thousands of dollars worth of renovations combined done by me the landlord (1 unit+exterior), and my amazing tenants who did gut renovations of their units.The general rule of thumb is to use 3 lenders for cash out refinance right?
Megan Ferris
Memphis Full Service Turnkey Company Reviews/Advice on this Approach
29 April 2024 | 9 replies
Some cons: no equity when you purchase, some times you will pay more than the property is worth, long waiting list, low inventory, and lower cash flow.I tend to lean towards advising investors not to go the turnkey route but if you have access to a lot of capital and have very little time then turnkey is going to be your best option.
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
But the deposit is often higher than rent so maybe they are being creative in ways to increase their fees.Watch out for indemnification clause.
Brian Howse
Duplex, Condo or Rent?
28 April 2024 | 1 reply
Con's- more expensive monthly, locking us down to CLT/ condo building for what I am guessing at least 5 years to at least make it worth it. not as much revenue/wealth building opportunity as duplex