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7 February 2025 | 6 replies
I am interested in meeting mortgage brokers, investors, and real-estate agents in the Austin area, as well as anyone who can connect my abilities as an engineer to a tech company in the area.I love learning new things, and not knowing how to do a thing has never stopped me from doing it.
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8 February 2025 | 7 replies
I have used avail.co in the past with great success but it appears this software and others no longer market on zillow which I know to provide a lot of leads in the past.
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23 February 2025 | 9 replies
Hi Derek, I do have an agent although I only have a property specific contract with them so if you know good folks, I would appreciate any insight.
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22 February 2025 | 4 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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
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22 February 2025 | 9 replies
I know several local companies that really actually want to do a good job so they don't charge anything to cancel the contract.
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4 February 2025 | 5 replies
Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well.
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7 February 2025 | 6 replies
I'm assuming traveling nurses don't know many people in the area and would know someone to live with.
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9 February 2025 | 1 reply
Please let me know what you think.thank you for taking the time to read through this.
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17 February 2025 | 6 replies
You also just don't fully know what problems you are up against until you own it.
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21 February 2025 | 5 replies
In terms of your question about owner disbursements, I believe all the Columbus ones I know of disburse at the end of the month.