
18 March 2024 | 10 replies
@Logan Laperriere The property is not currently rented, owner occupant is the culprit of bad renovations.

17 March 2024 | 8 replies
thx experts If you have the CAPITAL, it’s never a bad idea to buy the scale.

16 March 2024 | 4 replies
@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit.

17 March 2024 | 7 replies
Is it they you'll have a bad tenant(s)?

17 March 2024 | 7 replies
-Easier qualification: If your credit score isn't perfect or you have some debt, FHA loans tend to be more forgiving in terms of qualification criteria.

17 March 2024 | 13 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.

17 March 2024 | 2 replies
It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.

18 March 2024 | 18 replies
Property 1 im 120k into it, the morgage company wants 136k . its worth around 190k currently, rent is 1800 if i wanted to rent it, HOA is 450Property 2 im 280 in to it, the lender wants 360, but its worth 500 and can easily appreciate more quickly, rent is 4000, HOA is 1400i have a family friend who is a lender whos willing to help offer cash to the lenders and then i can either sell properties for a lesser loss than 400k or hold for a few years and throw tennants in it and sell after to break even with the appreciation I'm hoping the lenders for the second propery is willing to work with me , and maybe even negotiate. i hired a lawyer today. fingers crossed.BEWARE everyone because im in a very bad scenario :(
16 March 2024 | 3 replies
I hate to continue to pile on the fees for credit checks to do them on four sets of parents after charging the tenants for this.

16 March 2024 | 36 replies
I've had bad experiences with PMs and OK experiences.