David Tsariov
Lenders in Cleveland
30 January 2024 | 13 replies
Further complicating the issue is there are very strict compensation laws that may not allow a loan officer to be paid below certain thresholds.
Boston Caruthers
How to collect rent with new IRS Rules?
29 January 2024 | 3 replies
It is anticipated all third party platforms will be issuing 1099s.
Tracy Cheon
What are the technical(digital) tools do investors and(or) general contractors use?
28 January 2024 | 6 replies
@Tracy CheonWe do 20Flips/BRRRRs per year and use these tools:Underwriting -DealCheckProject Management -ClickUpBookkeeping -QuickBooks Online Plus SubscriptionTeam Communication -SlackFile Storage -Google Drive
Justin Goodin
$50,000 down to make $3,000/month
30 January 2024 | 10 replies
Not to hijack this thread, but I am also running into issues with a dry market.
Rahul Ram
Looking to kick off my first rental property in CA
31 January 2024 | 11 replies
I was born and raised in San Francisco and ran into the same issue trying to find investment properties when I started.
Marco-Dane Samuels
HVAC system replacement
30 January 2024 | 13 replies
The issue with a mobile home is (due to accessibility) these inefficiencies would be cost prohibitive to remedy.Most of my installs either FAU or HP are all dual zone.
Account Closed
Shared water/sewage bill in a 2-unit duplex
29 January 2024 | 9 replies
Any suggestions on how to rectify this issue so that I am paying for ONLY the water that I am consuming?
Hyeseong Park
FHA vs FHA 203k Loan for House Hacking
29 January 2024 | 3 replies
Yes - You have two options in terms of primary home - FHA 203K or Fannie Mae renovation loan for primary homes "Home style program".FHA carries a life-long MIP (Mortgage insurance premium .55x loan amount/12) plus a 1.75% upfront MIP 1.75% x loan amount financed into the loan> FHA does allow higher DTI ratios front and back.Fannie Mae - PMI falls off at 80% LTV- PMI typically has a lower ratio versus FHA ,55% compared to .25-35% for an example with good credit (above 720) it drops for higher Fico scores (less risk).Both loans can be a painful experiece for the buyer if there are any issues with builder, work delays, inspection issues after work/draw phases, and overall turn time from application date to close.
Jay Mitiguy
Vermont REIA
29 January 2024 | 151 replies
Sorry we weren't able to communicate to everyone for this one, but it is my priority to make this a monthly event so there will be MUCH opportunity to attend in the future!
Roy Lam
Tenant keeps on destroying parts of the house, then claimed the house is inhabitable
30 January 2024 | 16 replies
Take back control of your property and eliminate issues that the tenant is holding you hostage over.You got this.