Kristin Vegas
moving out of state to invest
10 April 2024 | 26 replies
Even after finding a qualifying building, if you can use the new 5% down program you may find less resistance to your offers since sellers often don't want to deal with the additional inspection.
Trenton Lukenbill
Need Some Advice From Other Area Investors
8 April 2024 | 2 replies
I would still search and see what you can find on the MLS that meets your buy box, but make an offer 60 or 70% of the ARV.
Indrani Peyton
Anyone heard of this funding company?
6 April 2024 | 19 replies
This program offers funding up to 400K with a 660 Fico, and at least 27K in yearly W-2 income.No down payment, no Collateral, no proof of funds, no closing costs.
Benjamin Lenz
Why you shouldn't build a Jr. ADU in California
10 April 2024 | 59 replies
For rent stock not rent controlled, the rent should exceed rent control limits (i.e. will be more than $200/month).In March, we had an offer on a property with a value add of an ADU (We pulled out during DD because of an risk with the value add).
Syreeta McDonald
Short Term Rental in Poconos Still Profitable in 2023
7 April 2024 | 11 replies
Even as simple as assisting me get off the ground (Tobyhanna forms, Monroe forms, management team, cleaners, platforms to list and programs you may use).
Sanjeev Advani
Embracing Sustainability: The Future of Real Estate Investment
8 April 2024 | 0 replies
Sustainable real estate practices are reshaping the industry, offering a blueprint for environmentally responsible and socially conscious development.
Bubba McCants
NAR Settlement and Potential Impact
8 April 2024 | 0 replies
Seller Concessions Rules: Sellers can offer concessions through MLS (like buyer closing costs), but it cannot specify buyer agent compensation.
Travis Andres
Curious about the 70% Rule for analyzing a BRRRR
8 April 2024 | 9 replies
The 70% rule is indeed a common guideline used to evaluate BRRRR deals, ensuring that you can potentially pull most of your money out on refinance.When lenders offer DSCR (Debt Service Coverage Ratio) loans at 75% LTV (Loan-to-Value), it can change your analysis slightly.
Natalie V.
Advice for an out of state investor
8 April 2024 | 10 replies
Ideally I would want him to drive by the home, snap some pictures of outside/inside problem areas to give me ANY idea of repairs expected before an offer is put it.
Collin Lafayette
Deposit protection for midterm stays?
8 April 2024 | 0 replies
If you think about AirBnB, it essentially acts as an escrow - a guest may book months in advanced and pay at booking, but the funds are not released to you until after check in.I would love landlords perspective from this community on if you would be open to using a trustworthy third party tool that offered this same service (ie. tenants pay whatever your deposit is to this escrow account, then 24 hours after check in it is sent to you).