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30 April 2024 | 1 reply
FSBO, expired or folks that agents cold call) may require multiple appointments because it takes more time to develop trust, identify the ideal timeline to sell and agree on pricing/commission/etc.- Warm sellers (i.e. referrals and people from agent's database) may already trust you and just want to meet to get an understanding of the process/next steps.
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1 May 2024 | 15 replies
Has anyone had a problem or slow down in applications since rent redi requires app download to apply vs link?
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30 April 2024 | 18 replies
The whole self management thing is nice in theory but when you get above 4-5 units, the number of issues that come at unwelcome times becomes frustrating. it's not the amount of hours, it's the persistent distraction / attention required.
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29 April 2024 | 5 replies
@Yadira ValeraIf you transfer property but mortgage stays in your name it still shows on creditIf loan is in the LLC, you may have to personally guarantee it so you would be required to list it as a debt on any new applicationsJust a fyi
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30 April 2024 | 5 replies
Park improvements require a very keen understanding of 'will this expense drive my NOI?
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30 April 2024 | 6 replies
I know other student rental investors that do not require guarantors because of the additional administrative work and they say that the social pressure of not paying rent is enough insurance.Low Vacancy - LOCATION is everything with student rentals.
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29 April 2024 | 8 replies
Down Payment: Lower down payments, such as the 3.5% required for an FHA loan, let you keep more of your funds, but they also result in higher monthly mortgage insurance costs.
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29 April 2024 | 5 replies
The requirement for the Section 121 exclusion of capital gains on the sale of a primary residence is indeed based on exact dates, not just the calendar year.
29 April 2024 | 7 replies
(just like a 2nd but shows up as one loan that has two payments each month) You do these when the seller has a lot of equity and will do a “carry back” instead of requiring cash at closing.
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28 April 2024 | 14 replies
There really isn't much in real estate *investing* that doesn't require much starting capital.