Jeff Chisum
10% Down Second Home/STR Loan Not Dead/Debunking bad info
18 July 2024 | 23 replies
If you are shopping lenders that would be a question to ask.
David Cunha
Range of DSCR rates?
20 July 2024 | 29 replies
Every lender will have different pricing adjusters depending on the category, such as a lower or higher FICO score/LTV, so it's always a good idea to shop around.
Courtney McCall
If you could start a property management co. from scratch…
19 July 2024 | 12 replies
If you are able to build an in-house maintenance team, having a useful shop and stockroom can save you/your clients a great deal in "road time" and other expenses.
Julia Taylor
Rookie question on keeping proceeds from sale liquid
17 July 2024 | 4 replies
I'm not sure I fully understand what FDIC insurance covers, but want to make sure our money is protected from any fraud or cyber incidents while we shop for another house.
Alec Jacobs
How can I be proactive when I'm buying a home?
19 July 2024 | 15 replies
You didn't mention home insurance and that will need to be set up before closing.Don't buy anything yet (don't rack up you credit card balances), but window shop at the hardware store.
Saurabh Kukreja
Does buying a Rental Property makes sense in this high Interest rate market?
17 July 2024 | 7 replies
You might do some value-add type rehab, raise rents, reduce expenses by upgrading systems, appealing assessments, shopping insurances, etc.If you can find a deal now and you work that deal, it should on average get better over time ESPECIALLY when you get that opportunity to refinance at a lower rate.
Mike Dawson
Cable, Streaming, TV options for 20 doors?
17 July 2024 | 5 replies
I'm trying to keep costs low while providing value and so I'm doing some shopping around.
Wyatt Nauman
Needing Guidance For First Property/House-Hack
18 July 2024 | 4 replies
So many different little neighborhoods of residential that surround bars and restaurants and shops.
Stuart Udis
Evolution of Syndications
17 July 2024 | 5 replies
A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.