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9 May 2024 | 159 replies
Getting the debt service covered is vital each month.
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9 May 2024 | 2 replies
Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.
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7 May 2024 | 9 replies
Also, DSCR looks at the individual property and the debt service coverage ratio..
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8 May 2024 | 7 replies
It seems like with the low purchase price we might have to use one of the online calculator type services.
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7 May 2024 | 7 replies
It can be a bit clunky at times, but their customer service is really good.
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9 May 2024 | 43 replies
This means they would not be able to live, work, stay, or provide services on or to the property.
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9 May 2024 | 4 replies
There is a carriage house exception but that has to actually be an old carriage house for horses, and from what I understand this rarely applies.
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9 May 2024 | 5 replies
And it's actually pretty flexible (other than some timing and documentation issues).
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9 May 2024 | 9 replies
If you do not run numbers, you are shooting from the hip and your strategy is either fueled by "hope-ium", or your experience is so immense you know every input and return without running the numbers (but even the most experienced investors run their numbers).Here's the best advice I can give you: You can "run the numbers" until you are purple in the face, and you will never know what every single ACTUAL number is going to be before getting into a deal.
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5 May 2024 | 9 replies
I'm working on scaling my STR holdings and with the mainstream ISPs I am required to set up a new username for service at each new place.