Gary Sheth
Looking to buy in 1031 exchange in Boise
6 June 2024 | 3 replies
You are better off exchanging into an SFR, multifamily or DST investment depending on how much you have to invest.
Nick Allen
Tips for processes and software for minimizing work involved in self-managing rentals
5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
Bruce Lynn
AP at larger properties
4 June 2024 | 4 replies
I'm kind of surprised that vendors will keep providing services if their bills aren't being paid?
Sheila Nyandebvu
No Settlement Statement Provided
1 June 2024 | 4 replies
A settlement statement was not provided or signed during the closing, and the fees disclosed had changed.
Mitchell Maginnis
Financing for resort
5 June 2024 | 8 replies
Depending on qualifying income you can go up to 90% LTV or most attractive terms will be 80% of the value or below.
Rob Austin
Is it normal to not receive initial disclosures
6 June 2024 | 4 replies
This will depend on the type of lender.
AJ Wong
Can foreign and international investors get mortgages for purchasing property in US?
5 June 2024 | 3 replies
International investors should expect to provide a downpayment of 25-30% for investment properties.
Patrick Gerety
I don’t know where to start. Looking for direction
5 June 2024 | 28 replies
Depending how much you earn you can step up those savings by getting a side-hustle.