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Results (10,000+)
Steve Hiltabiddle Private Lending - OPM and Direct Placement
25 February 2024 | 13 replies
Basically, my Investor would fund a specific loan not be part of a pool of funds.One thought is I would maintain my same process and loan docs that I've used with my Borrowers where my LLC would be the Primary Lender, manage the loan and receive payments from the Borrower.
Brad Gibson Management Software for STR
26 February 2024 | 20 replies
Price point for Hostfully is approximately $1200 per year and they do charge an onboarding fee that includes a pair of individual train g sessions done online.  
Kristoffer Tier California Pre-Foreclosure advice! I need some guidance
27 February 2024 | 9 replies
@Kristoffer TierA Notice of Default (NOD) starts the foreclosure process, three months after the NOD is recorded a Notice of Trustee Sale (NTS) is recorded, 21 days later that the property is sold at public auction to the highest bidder. 
Jack Quin Zillow Application Submitted without Seeing the House
27 February 2024 | 7 replies
We don't care if they've seen the property or not, we process their application.Think about it from a prospective tenant's perspective - do they want to waste their time setting up a tour if they won't get approved?
Melissa U. Large oak tree under foundation - to buy or not to buy?
28 February 2024 | 31 replies
Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks 
Dylan Garber Paid Mentorship Value
27 February 2024 | 15 replies
The buying process was smooth and the property seemed to be rehabed well. 
Illya Kravchenko Looking for advice.
26 February 2024 | 16 replies
If you have good credit above 740 and have 25%-30% to put down it’s really not a difficult loan process. 8 Units typically will offer a 1.25% DSCR ratio which is required in most cases but the approval is going to be based on the rents.
Lee Lewis Smoking in a Non Smoking Building
27 February 2024 | 6 replies
I'd follow JW's thought process and even consider posting a note on your neighboring doors...to let them know as a neighbor that it isn't appreciated that there is smoking inside, please kindly consider taking your smoking outside.I feel like the approach is everything here...Chicago is a weird place and hard to enforce a lot of things.  
Kenneth Hynes Old Wood floors - Replace - refinish ? Keep ?
28 February 2024 | 48 replies
Watching the process, ESPECIALLY the sanding was not something I felt comfortable with.
AJ Wong Hidden costs & considerations for out of state or STR vacation rental investors
26 February 2024 | 9 replies
The typical investor profile is GenX or millennial individual or couple or a 1031X investor, seeking to maximize their working capital and cash flow.