Mary Osborne
Death of tenant
15 May 2024 | 7 replies
I have a clause that authorizes me to contact that person in case of "death, incapacitation, or incarceration" and work with that individual to coordinate removal of belongings, payment of rent, or even a refund of deposit.When someone dies alone, there is always a police investigation to ensure no foul play.
Brittany Farrell
Problem with contractor... and now he's threatening a lien on my building
15 May 2024 | 11 replies
I recommend networking with other investors and asking for personal recommendations, using companies (not individuals) with strong reviews on Google, etc.
Thomas Blocker
Anyone in Sacramento use a Owner-Build Permit for ADU?
16 May 2024 | 5 replies
I completed an owner build garage conversion in Sac in 2022 and would be happy to share my experiences.
Sam Booth
What % of Asking price for Foreclosure did you close at?
16 May 2024 | 2 replies
They believe putting it on the MLS will make the most sense to them.Like everyone else, we are always willing to partner with people that want to learn through experience and find more propductive ways to find deals.There is money to be made in real estate in this current economy, if you find deals that have not yet hit the MLS.
Kelli Powell
plumber, electrician, handman, cleaners
14 May 2024 | 7 replies
Any recommendations of positive experiences you have had within the last 6 months would be much appreciated.
Ashley Kroft
STR Co-Hosting Beginner Looking for Advice on Getting Started (El Paso, TX)
16 May 2024 | 5 replies
I would love to work side-by-side with someone with experience so I can gain experience of my own as I build my confidence in doing my own STR for an investor who may not have as much time running a STR.
Ramiro Ramirez
ITIN DSCR Help
15 May 2024 | 10 replies
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.
Pari Z.
Seeking First Investment Property to Start Build Generational Wealth
17 May 2024 | 12 replies
Because of my professional experience, we'd prefer that our properties be nearby so we can self-manage and save the 5-8% typical of property management fees, at least until our portfolio grows.
John S.
Should I sign up with Avail or TurboTenant?
16 May 2024 | 2 replies
Does anybody have any experience with either?
John S Lewis
Seeking reviews of turbotenant
16 May 2024 | 8 replies
It was a good experience.....until today.