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23 May 2024 | 9 replies
(Possibly an extra $8-10k per year per property in interest.)If you get that loan in your name is it not recorded on the county website?
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21 May 2024 | 34 replies
This is just for some people.Most of these W2ers on BP need to find 3-5 high quality properties over 7-10 years, with min 1:1 DSCR by higher downpayment.
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24 May 2024 | 27 replies
Kyle PotswaldCitizens, first position HELOC Coastal Federal Bank of NCCMG Financial 70% LTVConsolidated CCU, high LTV NOO LOC, OR, WAEast West Bank, up to 60% LTV with "no docs” San Fran CA areaFigure 80% on a rental, not in LLC Finance of America, 95% CLTV, second home only, 680 FICO, not TXFirstBank CO and AZ 75% LTVFirst Florida Credit Union FLFirst CommonwealthFirst Midwest, IL up to 90% Chicago areaFirst Tech Federal.
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23 May 2024 | 1 reply
My cash flow is not great because of high insurance rates and HOA fees.
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24 May 2024 | 6 replies
We did discuss as a board having a more hands on property management company but looking around the fees were quite high and the community liked keeping their HOA dues low.
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24 May 2024 | 17 replies
I purchased my first rental property - a newer home in a high-appreciation market and neighborhood - with a business partner, and she and I have had the hardest time getting it rented.
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22 May 2024 | 74 replies
But given the high-interest rate and expanded cap rate environment, I feel like there may be some good opportunities for vulture GPs/Operators.
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22 May 2024 | 77 replies
Our support team is active daily on our website and in-app chat, so I hope you were able to find your answer already!
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22 May 2024 | 17 replies
There is some accounting included, like owner statements and keeping track of all the important numbers for a STR property...i.e. occupancy, revenue, RevPAR, etc.As for guidebooks I highly recommend going on Etsy and finding templates for hard copies and templates for a digital copy.
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24 May 2024 | 8 replies
You need to bank more money and stop looking for high-percentage leverage that will collapse your future.Earn and learn.