Matt Thornton
New Investor Need Advice on Credit Card Debt
21 February 2024 | 9 replies
If you have an LLC you should be able to open a credit card in the business’ name and that will stay off of your personal credit report.
Peyton LaBarbera
What investment formulas do I need for rental properties?
19 February 2024 | 3 replies
I am overwhelmed by the number of different formulas that are out there for rental property investing and I don't want to overpack for lack of better words my investing formula arsenal so I would like to know what ones are the best to use and whyThe ones I currently use include: COC, NOI (and NIAF), Cap rate, ROR, ROI, and IRR=But I also have heard of NPV, I am also not including any "rule formulas" aka 1% and 50% as those are simply guidelines to follow and not complicated formulasLet me know if I am missing any or don't even need to use some of the ones I am usingThank you,Peyton LaBarbera
Brandon Gidicsin
Medical Office Investing
19 February 2024 | 4 replies
Our "best at" if you want to call it that is our data and demographic backed site selection and reporting.
Michael Ashe
House hacking. How to calculate cash flow
20 February 2024 | 15 replies
Some will be passed on to the tenant.You can include non-recurring expenses such as capital expenses, repairs, etc.
Josh Haney
How to setup a syndication/fund-compliance, etc
20 February 2024 | 12 replies
It usually ends bad for all involved including the GP.
James NA
“ DEALS” that absolutely are not deals for the investor buyer
21 February 2024 | 27 replies
And will have ..a GREAT FORUM…that has the typical…” Deals Available” section.PLAN ABut… the deals REQUIRE … a) the seller post the deal and …b) Include ….
Sami Gren
Contract for contractor
20 February 2024 | 5 replies
If you do not have a set of specs and scope of work with a contract than how do you know what is included and what the contractor may later claim is a change order or extra?
Tom Server
What steps to take while purchasing a property with tenants
18 February 2024 | 5 replies
Let them know you are the new owner, how they can pay rent, and how to report maintenance or otherwise communicate with you.
Wade Wisner
DCRS Loans and How they Work?
20 February 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.
Ron Hollingsworth
Flip "Construction Design"
19 February 2024 | 11 replies
I'm considering hiring a company that will meet with me and design our flips from studs to finished product, including the functionality of the property to the actual finishes used; i.e. the design of the flip.