Jarred Marrow
Looking for advice
20 May 2024 | 8 replies
Worth area a great market to own long term rentals.
John Wallace
How to use DSCR loan to acquire more properties
19 May 2024 | 2 replies
The First is in Crestview FL with a long-term military tenant.
Benjamin Giles
Buy down points on commercial loan for SFR property
17 May 2024 | 8 replies
(Not actively purchasing as my money is tied up in the market right now)...so with the 2 lenders i've gotten here:STR DSCR Rural (not a log cabin or other non-conforming structure) just remote sfrHybrid loan 15% down, interest only investment loan with seller paid points to get to ~8% and reduce closing costs DSCR would use long term rental rates to establish monthly DSCR and then offset monthly with average DTI and 800+ credit and high cash reserves as long as DSCR is .75+additional appraisal to establish STR rate estimates to be used alongside the standard long term rental rates5 year prepayment penalty with reasonable terms
Holly Hill
Upset tenant requesting "repairs"
20 May 2024 | 7 replies
Tell the tenant that his opinion carries zero weight, so he must submit proof from an ACCEPTABLE expert to support his alleged foundation issue.Until then, he will be held liable for the terms of his lease, to the fullest extent of the law.
Sean Skiver
How to help currrent tenants when you puchase a property, and the new rent is to high
19 May 2024 | 3 replies
Gradually increase the rent or be flexible in terms of them moving giving them time to find a new place without penalty of breaking a lease.
Bekzod Arapov
Investment consultant needed
19 May 2024 | 10 replies
Look for a prime location, a tenant with strong corporate or franchisee credit, and a NNN long-term lease.
Stephanie Cortez
W-2 Exit strategy
18 May 2024 | 19 replies
In short, my advice would be to think very hard about why you're quitting your job, and then create very detailed budget and financial plan.
Silvio Guzman
Insurance Agent in Detroit
17 May 2024 | 5 replies
Short term rentals, multi family, commercial buildings etc. https://www.cardinalinsurancegroup.com/
Pari Z.
Seeking First Investment Property to Start Build Generational Wealth
17 May 2024 | 12 replies
My partner and I are looking to create a portfolio of long term rental properties to create freedom and independence from our W2 jobs, and create a foundation for generational wealth.
Kathy Benavidez
Tenant Refusing to Let Us Enter
20 May 2024 | 3 replies
If they reject the offer, then I would play hard ball by enforcing every term of the lease and ensuring they participate in showings or face termination.