Bobby McCormick
Problem with underwriting after appersial
3 January 2020 | 2 replies
lenders / underwriters are often picky regarding any perceived " health and safety " type issues ...rotten decking would fall into this category .....ideas 1) change loan programs / lenders to see if this issue can be tabled 2) possible to patch the holes and fix the rotten areas versus re doing the entire deck ?
Nicole Vaziri
Valuable lessons from my first investment
4 January 2020 | 1 reply
I wish I would have purchased a home versus a condo in an upcoming area as I would have had a much higher gain and rental income.
Santos Vargas
Getting started bought my first house cash
4 January 2020 | 1 reply
It could be more cost effective to do that as a primary residence and only paying closing costs once on it, versus having to pay closing costs on it, and then closing costs on a cash out refi at most likely a higher interest rate on the original house since now it will be viewed as an investment.
Mark Miles
Who plugs in your lamps?
10 January 2020 | 15 replies
I like to think of that as a list of mandatory skillsets I need for STRs versus trying to find someone who can do everything: Cleaner: rurnover/cleaning/stagingHandyman: repair/replace/install of most itemsPlumber: water/kitchen/bathElectrician: HVAC/electrical systemsThose are my core four and the question of who handles my lamps and Rokus is basically trying my best to ensure everything is as simple as possible for any team member to address, with the complicated stuff (smart locks and Apple TV) as remotely managed as possible so that I (or someone else I hire directly) can fill that gap myself when/where needed.As another example, I manage college rentals as well, which are traditionally all-utilities-included leases.
Ryan Verbist
Dallas Fort Worth Fix and Flip SFR Market
13 January 2020 | 8 replies
Does anyone have any solid advice on entering this DFW market versus finding a way to get into the Los Angeles market with high financial entry barriers?
James Nix
Tenant Wants To Pay Partial Rent
5 January 2020 | 19 replies
And here they are in court and it's your word versus your tenant's AND their cousin's word.LL: "I never got the $250."
Michael Class
15 vs. 30 year Financing for Rentals
7 January 2020 | 30 replies
Thanks for the input, it helps a bunch.What’s the cost savings of a 15 versus a 30 year mortgage?
Keith Mudiappa
Need Advice | Setting up a business entity
5 January 2020 | 9 replies
By "internal" numbers I'm referring to what sort of revenue versus expense the property in question generates.
Jayme Carlson
Illinois eviction help
6 January 2020 | 3 replies
My question is, since I live in the other side of this duplex (I’m househacking, do I have any extra leverage versus if I didn’t live here.
Mark Anderson
Differences Between A HELOC & Cash Out Refi
2 November 2019 | 1 reply
Such as 1 year of "seasoning" before you can do a cash-out refi based upon the appraised value versus the purchase price or cost.