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29 April 2024 | 4 replies
Some familiar names you'll see thrown around a lot: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend you search for each app online and see what they offer, how much they charge, etc.
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30 April 2024 | 21 replies
When you post online about "unlimited funds" the sharks smell blood in the water.I will say that running out of state flips is VERY hard.
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1 May 2024 | 10 replies
If you’re going conventional on a second home, you might want to consider putting even more down and make sure that your debt to income ratio is <41%, and credit at or above 780, ideally, as the GSE’s just made changes to the Loan Level Pricing Adjustment (LLPA) just got even more expensive effective 05.01.2023 but most lenders will either incorporate this into their pricing or will then.
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1 May 2024 | 5 replies
I'd like to continue house hacking, but because I'm a real estate agent on 1099, I need a solid plan to generate more income to help with qualification.
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1 May 2024 | 22 replies
If the money were sitting in the bank, you'd make double the income without tenant headaches.
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1 May 2024 | 4 replies
You have an unrecorded operating agreement giving you 99.9% of the income, assets, losses,etc.However, this is probably overkill.
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30 April 2024 | 12 replies
I have had no problems with the big box stores delivering.If you order online then UPS or FedEx should deliver.
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30 April 2024 | 7 replies
ADUs and their income potential are a hot trend right now in real estate investing and as usual, the conventional lenders (FHA etc) are going to be slower to adapt
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30 April 2024 | 13 replies
You can find videos/articles online on how to get the basement dry, but the basic process is: 1) turn off all electric to the basement (to avoid electrocution from the water), 2) run pumps to get the standing water out of the basement (sounds like you're already doing this)3) remove all furniture and items from the basement,4) once you've pumped out the standing water from the basement, rent a wet/dry carpet cleaner/extractor from home depot, and use it to extract as much water as possible from the carpets (they'll be much lighter and easier to move once you get the water out). 5) After you've used the carpet extractor to get most of the water out of the carpet, remove all carpet and get it out of the house for drying (if you're trying to salvage the carpets), or throw the carpet out.
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1 May 2024 | 8 replies
We consider the tenant as a whole- Income, rental history, credit score, ect.