Account Closed
Am I calculating this right? (HML)
Hello-
New to REI and I was trying to figure out a HML that was listed on another thread. Was hoping someone could confirm I did the numbers right.
Terms:
70% of the after repaired value
14% for 6 months
6pts
Co...
Brian Christoff
How many applications to give/accept at one time?
New to renting / landlording. We are renting out my fiance's house and after only 36 hours of having the listing posted, we've had 16 inquiries thus far with several folks stating how very interested they are. Havin...
Katie Panzica
Options for financing when DTI is high
Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
Ida Powers
Need advice - first property, inherited tenants early
Hi All - We purchased our first property at the end of October (yay!). Its a duplex with 3 bed/1 bath and 2 bed/1 bath. We inherited tenants on the 3 bedroom side and they have been haggling us to lower to the price j...
Tim Kersting
Negative net worth, deep in debt, struggling business...
hello all,I'm looking for some advice.... Why else would I be starting such a threat... LOL.Basically, as the subject line indicates, my business is not producing as much as it needs to financially. For the last five...
Chandler L. Parker
Looking for advice on showing landlords the benefits to Airbnb
I'm hoping to find some advice from some aribnb'ers using the rental arbitrage method.
Any advice on getting landlords to deal with me.
It really is better than the hassle of typical tenant issues.
Thanks in adv...
Tristan Morgan
I have an Off Market oppertunity and would like some advice.
First off , Thanks to anyone who can help me out here with advice or thoughts. What I have before me and was offered to me was a 8 unit apartment complex. that's 8 units between 2 buildings. Building 1 has 2 units ...
Kimberly T.
How much do you collect as a holding deposit/fee, and what do you call it?
Curious what other landlords do for a holding deposit/fee so that they will take their ad off the market, before the new tenant moves in. Do you require it to equal one month's rent? Half a month's rent? Some othe...
Keith Schulz
Renting Back To People In Foreclosure.
I had somebody that called me today who is in foreclosure, and there's no way they can get caught up on payments. They tried a loan modification and a refinance, and couldn't get either. In any case, they owe $170,0...
Ian Ray
Multifamily Business Plan
This is my Multifamily investing business plan, based on the Outline given by the wonderful Ryan Moeller. I would love feedback from all of you awesome BPrs, Good, Bad, and Ugly. I am jumping into this new industry...