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6 January 2025 | 77 replies
Lender - "What kind of rates are you guys seeing on DSCR lately?"
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13 January 2025 | 19 replies
Getting a loan to payoff another loan with a lower interest rate doesn't make any sense. we do private lending and can get double digits returns consistently.
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3 January 2025 | 11 replies
After that is returned, I do a background check through Transunion or a similar service.
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18 January 2025 | 19 replies
In my area, they actually require a little more than the local municipality and lately have been especially strict on cracked paint because they were recently sued and lost.
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14 January 2025 | 4 replies
There are some exceptions, but the HOA dues normally kill your returns and there are all kinds of other issues having tenants living close together.
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25 December 2024 | 12 replies
So I offered to pay for the flight, if they returned a clean and empty house.
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10 January 2025 | 14 replies
Hi Tom,I love crunching numbers and thinking about returns.
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16 January 2025 | 1 reply
In general, the higher valuation properties with views or close proximity to water have higher rates of returns.
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4 January 2025 | 2 replies
“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc.
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27 January 2025 | 9 replies
Gifting her cash simplifies ownership but forfeits these tax advantages and requires filing a gift tax return for amounts over $19,000 (2025 annual gift exclusion).