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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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21 May 2024 | 3 replies
I personally only buy STR'S where I would want to go on vacation.
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23 May 2024 | 5 replies
With [number of bedrooms] bedrooms and [number of bathrooms] bathrooms, this home offers ample space for you and your family.Property Overview:Location: [City, State]Monthly Rent: [Enter the desired monthly rent]Available From: [Enter the date when the property will be available for rent]Key Features:Bedrooms: [Enter the number of bedrooms]Bathrooms: [Enter the number of bathrooms]Square Footage: [Enter the total square footage of the property]Parking: [Enter the availability of parking spaces (e.g., garage, driveway, or street parking)]Laundry: [Enter the laundry facilities available (e.g., in-unit washer and dryer or shared laundry room)]Appliances: [Specify the appliances included (e.g., refrigerator, stove, dishwasher, microwave)]Utilities: [Indicate whether utilities are included or not]Pet-Friendly: [Specify whether pets are allowed or not]Outdoor Space: [Describe any outdoor amenities like a backyard, patio, or garden]Additional Features: [Mention any additional features like hardwood floors, fireplace, or walk-in closets]Property Highlights:Spacious and well-lit interior with [describe any notable architectural details or design elements]Open concept living and dining area, ideal for entertaining guestsFully equipped kitchen with modern appliances and ample cabinet spaceRelaxing master suite with a private bathroom and [mention any unique features][Add any other notable highlights or selling points of the property]Location and Neighborhood:Situated in the heart of [City, State], our home is conveniently located near [mention nearby amenities such as schools, parks, shopping centers, and public transportation options].
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22 May 2024 | 11 replies
I would appreciate any recommendations on desirable/up and coming locations and ones that best be avoided.
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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.