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Results (10,000+)
Schadrac Mertis Nothing cash flows in austin
17 January 2024 | 18 replies
Anything above 5% is considered good, again in A and B areasReason this works for me is because I am projecting highest and best use and then factoring in exactly what the property needs to get there. 
Chris Adams DSCR Loan Advice and lending question
17 January 2024 | 6 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.
Jermaine Lindsay My Tips for buying 1st House Hack!
17 January 2024 | 6 replies
So I say all this to say that location, location, location is such an important factor when you are planning to house hack.
Julio Medina Hello from Seattle! Looking to build cash flow from long-term rentals
19 January 2024 | 17 replies
Some are now so confident in the quality of their renovations that they cover repairs and management fees for the first year and put tenants in before closing.Just like I am writing here for you, I told my friends when they wanted to know “What are you up to these days?”.
Coty B Lunn What is the BRRRR Strategy and How Does it Work?!?!?
18 January 2024 | 1 reply
This equity can be leveraged for future investments.Cash Flow Generation: By renting out the property, investors can generate rental income, which can be used to cover mortgage payments, property management fees, and other expenses.
Moises Silva Finding Tenants / Charging Right Amount For Rent
17 January 2024 | 5 replies
Zillow Network is worth the fees, facebook will get you lots of low quality leads, but you only need one good person to fill the unit.
Kiefer Cheney recieve rent payments from tenants
17 January 2024 | 9 replies
Nice because I don’t manage their payment details, no fees.
Marco Werner Napkin math - house hacking investment
17 January 2024 | 4 replies
Those tax savings wont pay your actual bills if you factor them in and your need to hire someone to install an expensive new heating system.
Kory Miles Commercial Property Purchase
17 January 2024 | 4 replies
@Kory Miles, there are a couple factors here.  
Brooke Morton First time working with a wholesaler
17 January 2024 | 7 replies
I've researched a bit about how they get paid and the fees they take, but had more questions about how the deal works -- if a title company is involved, and if it's expected to only work with one wholesaler at a time, etcAny info much appreciated!