Sebastian Marroquin
Cookie cutter Buy and Hold condo fixer in CA.
25 December 2022 | 2 replies
Congratulations, shows that pretty standard strategies still work very well and you don't need to hop on the latest creative or newfangled strategies to get huge success RE investing
Brittany Smith
Anyone offer 80 % LTV for BRRRR property?
22 December 2022 | 4 replies
The market standard for a cash-out is 75% LTV.
Maximilian Glodde
Buying a foreclosure
23 June 2018 | 8 replies
Renovation loans (for 1-4 unit investment properties and some standard commercial properties), 4.
Drew Wiard
Bookkeeping - When is it time to hire it out?
10 August 2015 | 10 replies
My financing has all been standard 25% down commercial loans to my LLC
Hariharan Elavarasan
House Hacking Experiences
6 December 2022 | 5 replies
The higher your screening standards, the better potential tenants you'll attract, even when HH.
Wendy S.
Transitioning from Self Management to Property Management
16 July 2022 | 10 replies
PMC's also typically take a more pragmatic approach to maintenace.Here's our standard advice about finding a PMC:In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Jeff Filali
Why do so many Landlords not maintain their properties?
6 April 2018 | 22 replies
I believe there should be minimum standards for landlords, maybe there are but because the tenants are"bottom feeder" no one cares.
Jan Farley
Addendum to property management agreement re:plumbing emergencies
26 December 2022 | 6 replies
Either way, I also discuss with the Owner at this time what the market suggests the new asking rent should be, and confirm his strategy for the foreseeable future regarding hold, sell, or whatever in order to (hopefully) not spring any surprises on new tenants.Owners are welcome to provide us with contact info for their preferred vendors, but we let them know that standards must be met with regard to timeliness of repairs, interaction with tenants, and, if we will be paying the invoice out of their income, they will need to be properly licensed and insured.
Aurus J. Sanchez
22yr old investor and my plan. Would love your feedback
8 January 2019 | 78 replies
@Greg Gaudet if he bought something that needed rehab even if he could pay for the rehab himself it most likely wouldn't meet FHA standards until that rehab was completed (FYI to newbies don't pay for rehab on a house that isn't yours yet) In this case it is a moot point because he was thinking of doing a non owner occupied FHA loan which is not possible to the best of my knowledge.
Ryan Cleary
New tenant paying low rent wants a garage door opener
22 January 2021 | 19 replies
(Usually I split, but if the upgrade adds no long term value, it may be 100%.)Every one of my B and A class properties has a garage opener, so we consider that standard equipment.