Caitlin Lutenske-Logan
CA Attorney Recommendations - LLC & Trust Formation
19 April 2024 | 2 replies
I'm thinking of going with Mark J Kohler's firm, but they have not yet confirmed they are able to create a structure like this or something similar.The more I read about this matter, the more confused I feel on what to do next.
Randy B.
Anybody familiar with www.gohighlevel.com HighLevel CRM?
20 April 2024 | 7 replies
This might be a little weird but I came across the post because I'm looking for information about REIReply.REIReply is a real estate marketing system built on Go High Level's white-label plan.And I use and love GHL because it's more than just a CRM BUT it's not specifically built for real estate investors.That's where a company like REIReply might come in.You see, several digital marketing companies use GHL to run their businesses and many of them, my company included, have developed powerful follow-up systems.However, the problem is that GHL is only as good as the templates, campaigns, etc that are built within the system.While I have almost 20 years of digital marketing experience and can build effective and powerful campaigns for me and my clients, I don't have nearly as much experience in real estate.Ergo, I'm considering REIReply.If they are as good with real estate marketing as I am with my company's marketing, they have a killer deal.
Chase Preston
First Investment Property - Buy Property w/ Cash. Loan or mortgage after the fact?
21 April 2024 | 12 replies
This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Ed B.
Projections for interest rates?
20 April 2024 | 4 replies
The rates for our loans for investors including DSCR loans, Fix-n-Flip Loans, and Ground-Up Spec Construction (as well as the rates for consumer Conventional, FHA, VA, and USDA rates) are driven by Treasury Rates as opposed to the Fed Funds rate, but there is a loose connection.
Nolan Gottlieb
Lending Money as 1st Position tax question...
20 April 2024 | 7 replies
These could include any legal, licensing, office, and even medical expenses.
Michelle Sangalang
W-2 High income looking for ways to minimizes taxes with Real estate license
20 April 2024 | 9 replies
*This post does not create an attorney-client or CPA-client relationship.
Sharon Supera
To keep or to sell
19 April 2024 | 3 replies
Additional expenses include property management at $142/month, property tax at $1700/year, and other costs like insurance and maintenance.
Alton Johnson
Running ads for direct booking website
19 April 2024 | 14 replies
When you create a business page on FB you can link it to Instagram so you don’t have to double your efforts
Ben Howard
Folsom & El Dorado Hills California Market Update
18 April 2024 | 4 replies
BP’s team has let me know that I may not attach full third party market reports due to my business phone number which appears on the market reports, so I have parsed some of the market data from them to include in this post along with data from the MLS which was pulled on 4/17/2024.
Michael Potorti
Purchasing Rental Properties in Columbus OH
18 April 2024 | 18 replies
HI @Michael Potorti in that price range I would add to @Samuel Diouf and include the east side around Whitehall.