Mischa Turner
Am I Rushing Into a Purchase??
30 April 2024 | 8 replies
Alternatively, I could hope that my next assignment will be in a better market with more options, maybe lower rates, and more cash on hand.Should I accept that no market is perfect and get in the game now, or hold out for a year to enter a potentially better market with more capital to invest?
Michael Calvey
What's the ONE app you need to run your real estate business? What's your must have?
1 May 2024 | 12 replies
I've had decent success with showmojo. the ability to have tenants screen and schedule themselves is pretty helpful.
Keenan B.
I think I need to find property management for my property in Portland. Any advice?
2 May 2024 | 9 replies
I really do try my best to be an awesome landlord, but it’s starting to not feel worth the time and energy.The house is at a 2% fixed rate so it’s hard to consider selling (at least right now), and getting the tenants out of the house would cost at least $5k per the Portland laws.
Phil Beck
Looking for a new strategy
2 May 2024 | 4 replies
With no experience you may have a bigger interest rate but if you have good margins on the hose, you should be OK.
Dominic Richardson
Seller Financing Deal Analysis Help
1 May 2024 | 5 replies
Here are the #s:Asking $129,0002 bed 1 bath 718sqftEverything has been updated15% Down - 9.5% Interest rate - 30 yrs amortization, no ballon Rents around $1000 - 5% Vacancy - $700 Taxes yr - $741 Insurance yr - 10% Property Management - 1.5% of rent for Maintenance and 5% of rent for capital expenditures.
Pedro Florentino
Insurance on new construction vs older homes
2 May 2024 | 3 replies
Is there partial fixes (ie. new roof, wind resistive windows and doors, etc.) that will accomplish what you want on reducing the rates.
Nicholas D'Andrea
Rental Posting - Not many leads
2 May 2024 | 9 replies
Perhaps someone with more knowledge on the neighborhood rental rates can chime in.
Ayyoub Feza
Loan for second rental property
30 April 2024 | 37 replies
Rates on DSCR are nearly the same as a conventional investment property loan.
Nathan Alvarado
HELOC vs Cashout refi
1 May 2024 | 5 replies
My current APR is 7.15% I'm pushing towards the HELOC because lower cost on closing costs and refi interest rates are the same as my current loan right now.
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
Please elaborate on why each is essential and how they contribute to a company's overall performance and reliability.Similarly, provide a list of red flags or negative traits that indicate a subpar or potentially problematic property management company, with explanations on how these might negatively impact my real estate operations.Create a scoring or rating system that I can use to objectively evaluate and compare each property management company based on the traits and skills identified earlier.