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21 February 2024 | 8 replies
I am thinking of changing my exit strategy from my typical BRRRR to a little fix and flip to generate some side income.It's like I am thinking of hitting the reset button to find better results elsewhere.
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20 February 2024 | 4 replies
@Andrew Postell, I pulled it off the GRM site, which may not have updated ratios: "DSCR loans require borrowers to meet a minimum DSCR threshold, typically around 1.25...." https://www.rate.com/resources/what-are-non-qm-loansI spoke with a loan officer who said it may be lower now to reflect the market, so you may be right, but I am awaiting the approval and don't have the final ratio.
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21 February 2024 | 6 replies
Every month it is not leased you are losing that rent and that is typically a killer.
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20 February 2024 | 3 replies
I am looking specifically for someone who is excellent at carefully monitoring and toggling pricing with the goal of keeping the Unit as occupied as is possible.I do have access to a few excellent cleaning crews and so I can take that on, but am also open to full service companies who have cleaning in house.I will also consider "small footprint" operations with good references and proven expertise.Thank you,John
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20 February 2024 | 7 replies
We've had the best luck with doing short rentals, loading up all the trash within 24 hours, and getting the dumpster out of there.Not sure what companies operate where you're located, but we use a company called Blue Bin Dumpsters, and they offer 24-hour or 3 day rentals.
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20 February 2024 | 5 replies
The areas that cashflow better will typically be more difficult to manage, but with that said, there are definitely cashflow potential areas around town.
20 February 2024 | 6 replies
I own a self operated carpentry company with no employees.
20 February 2024 | 2 replies
As for dealing with trusts that's a bit more complicated, as there are typically more people involved and that information is not as accessible.
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20 February 2024 | 3 replies
setting up the finances or advice on operations and methods?
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20 February 2024 | 14 replies
How to properly operate the disposer.