David Lewis
First Timer - Long Distance Investment?
29 January 2025 | 6 replies
@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Mary Holland
Hey everyone! Has anyone here gone through the application process for DSCR loans?
28 January 2025 | 5 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
Screening everyone over 18 helps reduce the risk of costly evictions and ensures you’re fully informed about who will be living in your property.Additionally, be mindful of the number of occupants and how it might impact your property.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
Once it's rented, use that rental income to help offset your DTI, which may help you qualify for the second property sooner.Partner with Investors: Team up with someone to split costs and lower your personal DTI impact.
Ryan Brown
Tenant blasting music all night
26 January 2025 | 24 replies
Make sure to mention that this violates the quiet hours policy and could impact their lease status.
Marc Shin
What Can I do about sound in a duplex with thin walls?
29 January 2025 | 10 replies
If you can access the wall cavity, adding rock wool (mineral wool) insulation will make a big impact by reducing vibrations and sound transfer.
Harrison Jones
The Importance of a Great Real Estate Agent: A Personal Paradigm Shift I
22 January 2025 | 1 reply
I realized how much of an impact the right agent can have, especially one who:Truly understands the market.Has firsthand experience.Is willing to share their knowledge.Now, with his guidance, I’m working on a project that could be a game-changer—if we can bring in the right capital partners.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
Has anyone here retired debt-free, and how has that impacted your life versus maintaining debt for investingLooking forward to hearing your thoughts and experiences!
Josh Ball
Tenant with medical marijuana card. What are my options?
16 January 2025 | 3 replies
I could care less if someone smokes marijuana but worried it might impact other tenants & future renters.What are my options, if any?
Rick Wood
Rent to Own Or Co-sign??
13 January 2025 | 2 replies
Another option is to co-sign but that has the same impact on my credit and responsibility to the bank.