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16 December 2024 | 14 replies
Real estate is a LONG game and a good way to build wealth through equity.
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12 December 2024 | 6 replies
While it's not nearly as good as talking to Michael himself, reviewing those resources will make you a vary savvy and informed consumer of Cost Seg services.
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14 December 2024 | 42 replies
They have more skin in the game then you do.Make sure you get clear title.
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12 December 2024 | 6 replies
I want to learn more. 4.99% for buyers is a game changer selling 6 new construction houses You just buy down the rate for the buyer.
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30 December 2024 | 89 replies
It's a numbers game.
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16 December 2024 | 21 replies
Throw in a few nice touches, like coffee or board games, to wow your guests.Keep extra linens, cleaning supplies, and essentials like toilet paper handy so turnovers are quick and easy.
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15 December 2024 | 14 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.
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13 December 2024 | 3 replies
I am a fellow house hacker and think it's the best way to get into the game if your circumstances allow it!
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16 December 2024 | 2 replies
I’ve been at this game for two decades, and I’ve found that every deal is a bit like brewing a custom cup of coffee.. you tweak the beans, the grind, and the brew time until it’s just right.
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14 December 2024 | 2 replies
As someone focused on wholesaling and sourcing distressed properties both on-market and off-market I’m always looking to align with investors, agents, and other fix-and-flippers who are actively in the game.