Kevin Squires
Is anyone using “Stessa” property management site?
13 October 2018 | 1 reply
The free service, for landlords with two or less properties, tracks expenses, profit/loss, etc. of your rental properties ($50 fee if greater than two) but it requires linking accounts in order to automatically track and categorize expenses for you.I’m always uneasy when a website requires linking bank accounts.
Glenn Martin
What to do when you have excellent credit but cannot show income.
14 October 2018 | 14 replies
If your net monthly positive cashflow is 2.5x your personal housing expense plus all other non-mortgage consumer monthly debt obligations, and you are buying cashflow positive real estate, you can get a normal Fannie loan.
Michael Zuber
Mistake I made starting out (15+ Years ago)
13 October 2018 | 4 replies
Let me explain.My focus when I started out was "Cheap" Cash Flow Positive properties.
Brian Dudash
What's the best way to snow ball your REI portfolio? (Rental REI)
22 October 2018 | 14 replies
As long as your properties are cash flow positive, they will improve your DTI ratio (the "I" for "Income" goes up).Debt on a property does not determine who owns the property.Requested example:Purchase price - $100Original loan - $75Down payment - $25Rehab - $20ARV - $160Refinance loan - $120Cash out at refinance - $45 ($120 - $75) (you get your down payment and rehab money back)Repeat
Alvin Sylvain
Best Bargain or Too Good to Be True?
15 October 2018 | 24 replies
The local area crime rate is low according to Trulia.com, but I've also heard many realtors laugh out loud at some of the information available on the popular web-sites.
Jared G.
Evaluating deals: the best place to get each piece of the puzzle?
14 October 2018 | 1 reply
I ask because I've heard many different things, everything from using other websites, talking to people, working with a realtor, looking at places that I've sold, etc.
Brock Bowen
Being a over the road trucker getting into REI
25 May 2020 | 9 replies
That being said I was wondering if anyone else is in my position?
Ben Narro
Section 8 legal question
14 October 2018 | 3 replies
The section 8 website defines a family member as (father, mother, brother, sister, grandparents).
Mian Rizwan
Noncollateral loan - too good to be true ?
6 August 2021 | 76 replies
It’s through “bankers healthcare group“ - they have website etc and seems legit but I’ll do more due diligence Running numbers before buying a property particularly if 2 loans are involved is what I am finding difficult at this point
Gabriel Ehrlich
Million dollar opportunity
22 February 2019 | 38 replies
As for the opportunity,as long as it's legit, positive,and healthy it's a good dream.God bless!