Miguel Garcia
Out of state investing
14 January 2025 | 5 replies
You can often get better rates with a national lender, but the customer service is non-existent, communication probably sucks, they may ask for the same documents multiple times, etc.
Mark Forest
Matt Scott
20 January 2025 | 9 replies
Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
We all use private investors or NON/QM investors for DSCR but some again charge points and some do not because they UW the file (Mini-C).Most Bankers typically offer rate closer to PAR or less margin built into the rate.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
@Roman StefaniwWhen retirement accounts in the US get financing, the loans are called "non-recourse."
Tom Ochieng
Inherited tenants questions
15 January 2025 | 3 replies
@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?
Tyler Munroe
New MA ADU law can be a gamechanger!
18 January 2025 | 2 replies
Lastly, ADUs are allowed for NON owner occupied properties, opening this strategy up for investors who could convert a SF into two units.
Maria Jeanette
Renter Profile - Assisted housing program - good or red flags?
3 January 2025 | 4 replies
I have not seen a significant difference in this area between section 8 and non-section 8 tenants, personally.
Kody Smith
Hello, I'm just Getting started with creative finance.
20 January 2025 | 2 replies
You will have to source these properties from a wholesaler, where you will have to put down hard non refundable assignment money at the assignment of the contract, or source them yourself.The steps to follow for a subject 2 property are as follows:1.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
Took my friend/fellow CNY investor 6-9 months to get a non-paying tenant out.