Marcus Auerbach
Why is Milwaukee, Wisconsin one of the hottest markets in the US in 2023?
27 April 2024 | 42 replies
First and foremost, the city has maintained a reputation for housing affordability, making it an attractive option for both investors and homebuyers seeking reasonable property prices.
Lesley M.
Tenant complaints about uneven floor
26 April 2024 | 6 replies
One way I have used to find these issues is to use a self leveling laser and mark places at the same level around the space, then measure from there to the floor to determine where it is higher or lower.
Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
28 April 2024 | 20 replies
Couldn't they just require you to pay the money back in 30 days and not give you the option to change the title?
Shavin Patel
Investing in Rural Areas Pros and Cons?
26 April 2024 | 8 replies
Also, take into account that lenders will typically lower the LTV in rural areas.
Samuel Farhi
Greetings from new guy
26 April 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Raj Patel
How did this loan get approved?
26 April 2024 | 4 replies
I’m also curious because I’m trying to plan out my purchase later this year, and exploring all options.
Jeff Schemmel
What questions I'm asking during due-diligence, and why it's OK to walk away.
27 April 2024 | 6 replies
Not only is it unsafe to collect over $7,500/m in cash, it also begs the question "why" each party goes to and from the bank with so much cash as a preferred option.
Tyler Todhunter
Has anyone found a replacement for Mint?
26 April 2024 | 8 replies
My team and I have been testing a few options since January and the favorite by far has been Monarch Money.
Nelish Patel
DSCR loan rate is high
26 April 2024 | 9 replies
If you are going to take the deal I would try to find options that do not have a prepayment penalty or maybe up to 1 year.
Vincent Berggren
Aspiring Real Estate Investor
24 April 2024 | 15 replies
Markets like Cleveland and Columbus have a lower barrier to entry, are landlord-friendly and you can cash flow.