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14 January 2025 | 9 replies
Examine the bottom half from every angle - how much you can make, what else you can get for your money (don't worry about how much you make on these, they are time suck and the lower half of your portfolio)That's a good place to start.
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9 January 2025 | 2 replies
In my opinion, Dallas represents more upside with lower risk, and is less expensive than Houston.
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9 January 2025 | 0 replies
Lower Repair CostsHiring licensed contractors for minor fixes can be costly.
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7 February 2025 | 13 replies
She accepted the lower offer and after signing with my investor, I was set to make a $5k fee.
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21 January 2025 | 10 replies
If they can't justify the charge immediately and specifically, then it's probably just a money grab.Remember: lower fees don't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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6 January 2025 | 5 replies
DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.
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9 January 2025 | 3 replies
For an absentee landlord, it would seem that a condo could have less maintenance headaches than a SFH and lower risk in general.
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8 January 2025 | 11 replies
@Jonathan Bombaci recommend using that amount as a bargaining chip for lower rates.80% of evictions are wash, rinse, repeat.
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19 January 2025 | 55 replies
I will also admit at this point we are comparing apples to light bulbs since RentRedi was only costing me $59 per month and DoorLoop will cost $200+ per month and for those that have a lower unit count and only need basic services the RentRedi cost should outweigh the beta tech.
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9 January 2025 | 3 replies
I am doing my best to accommodate and fix the insulation as well as see if there are programs in place to lower the cost. however i want to be firm with tenant as they are not compliant with paying rent because of the cost of the utilities.