Christopher Sarmiento
Looking to Meet fellow investors in the area!
I’m new to the St Pete area, I moved here from Gainesville FL, and I’m trying to meet up with fellow investors and like-minded people. My goal is to connect with people here, talk shop, brainstorm, and wherever the co...
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Mortgage Rates fall again
Hi,
Today’s current rate for FHA 30 Year Fixed is 6.250% (APR 6.256%). Payment per $1000 (including the low monthly mortgage insurance) is $6.58.
The open mortgage insurance is 1.5% of the loan amount and is finan...
Bilal Hussain
My first FHA Loan - Advice needed
My wife and I are starting our investing journey and want to begin with a FHA loan for a multi-unit property. I've done quite a lot of research on it, but was wondering if there are any things I should be aware of or ...
Steve Barrett
Reinsurance for Portfolio
As I gain a better understanding of this business, I relate it to mine (auto finance). In my industry, we utilize a reinsurance company for add on items (like warranties). Is this common with this industry?
EXAMPLE...
Frank Ngo
Drafting a Long-term Lease Agreement for Short-Term Rental
We recently had to transition our short term rental to a long-term rental due to our city banning short term rentals. Due to this, the medium we utilize, AirBnB, has forced all our bookings to be a minimum of 31 days....
Gene Hakanson
What variables do YOU use to evaluate a long-term rental?
Wondering if anyone would be willing to share their criteria and variables for evaluating deals? I haven't bought anything yet because I can't seem to find a property that fits the criteria that I've established at an...
Warren Barnett
You never get a second chance to make a first impression!
I am a young entrepreneur in the western Massachusetts, and northern Connecticut areas attempting to cultivate intergenerational wealth through the assistance of mentorships, relationships, and partnerships in the Rea...
Marcin G.
REO inspection
How do you handle checking the house before you buy it if the utilities are off ? lets say you spot a deal on the block but there is no running water, gas is shut off, electricity is off …there is no way you can ch...
Bukka Levy
Buying & Funding Mobile Home Parks
Hi gang. I'm wondering if anyone could recommend a path to finding and buying my first Mobile Home Park. I'm seasoned in the Single Family Home market and am very interested in moving up to MHPs. I'm also transitionin...
Al Williamson
Landlord version of "washing dishes" to pay your bill
I've heard stories that customers wash dishes if unable to pay their resturant tab. That's a bartering type of recourse – or maybe just penitence. I know it's not a desirable, but what's the landlord version of this c...