Joey Fontenot III
Landlord Approach to Open Market Renters
I just picked up a rental property that I will be renting in the open market, no section 8. I am getting lots of phone calls and am getting to the process of tenant screening. My list of Questions include: How much do...
Marc Possoff
Renting a House Section 8 Questions
Have property that I completely renovated and gutted with my cousin about 13 years ago who’s a contractor. We did it without permit but the house is solid and up to codes. We have had a family member living in there a...
Nat C.
I would love to hear your thoughts on Charleston, SC
I would like to know who here is investing in Charleston, SC?I owned a house in downtown Charleston years ago and I now regret selling it. I don’t think it’s possible to find any deals on the peninsula now days.West A...
Tonya Manning
Low-Income and Section 8 housing
Hello Everyone!I am fairly new to real estate investing and have yet to make my first deal. I have spent the past couple of years educating myself, learning some expensive lessons (gurus...), and getting my financial ...
Harry Brooklyn
Include or exclude Cap rate and DSCR in NOI?
Hi,
I am budgeting for the basics for my NOI (and taxes, insurance too):
1. Repairs2. vacancy rates3. CapEx4. Property manager
All of these factor into my CoC returns, but actually should they be factored into th...
Tim O'Brien
Analyzing whether to sell or rent out
I'm wondering how one would consider cash flow in a cash out refi. Do you use the new mortgage payment for cash flow? my situation; have a house worth ~$290-310k. refinanced and have about 51k in cash out, and a PIT...
Account Closed
Help me turn this "negative" to a positive
Hey all, I currently work for a construction services company and my boss has been low on work for a while so I've been sittin more than I'd like because I'm not finding much side work either. I have that situation c...
Ellie T.
Busy single mom with 50K to invest- where?
Busy Single mom from Boston. Have $50K cash in hand to invest, and due to my current life requirements was thinking MF buy and hold with the goal of build a retirement portfolio (I can invest 30-50K/quarter so this w...
Hiro Kitagawa
Renovation loan: 5% - 30% down
Hey guys I'd like to know a bit on so called "renovation loan". Not the FHA 203K loan, but conventional. One loan officer noted only 5% down of the ARV is required, while another said she has never seen anything lowe...
Christopher G.
42% ROI: What am I missing???
Hey there, so I'm in negotiations with a seller of 3 condos for $105K. These are my numbers below...this is a 10 year balloon at 6% interest amortized over 30 years. At the end of 10 years I'd owe $80K (which I'll p...