Flor Sulpacio
Military tenant wants to break one year lease
12 March 2024 | 8 replies
Unless they were going on deployment, I wouldn't treat them any differently than someone who isn't in the military.
Hong Zhu
Do you decline a guest who has no reviews?
13 March 2024 | 25 replies
Everyone is also different, many guests doesn't like to leave a review, and some guests are very "clean freak", I used to have super hosts and critizes a lot my STR LOL, will I deny 5-star reviewer ?
Bill Everton
Hello from San Diego!
11 March 2024 | 30 replies
I'm still learning about different strategies, markets, etc. from podcasts, books, and the learning articles here.
Jack Saunders
Due Diligence is a scam
13 March 2024 | 17 replies
Suggest a different mark in commissions given its one agent, and scale the DD/EMD to 20%/80%.
Dionne Ladson
Private vs. Hard Money
12 March 2024 | 6 replies
From my experience, due diligence is part of the difference between the two and the interest structure (Dutch Loans vs.
Nicholas Keller
Seeking Mentorship in Real Estate Investing
12 March 2024 | 11 replies
Maybe they communicate differently but have good intentions.
Meghan Combs
Is there a Property Manager matching platform?
12 March 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
Karter Ringstaff
Seeking knowledge for fix and flip
11 March 2024 | 9 replies
This criteria is for 1-4 and 5-8 unit programs.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.
Dina Schmid
Analysis Paralysis on Personal Use + STR Vacation Home
11 March 2024 | 17 replies
Sometimes just have to see it from a different lens- it makes a difference once you get over putting that kind of cash in.