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9 January 2025 | 0 replies
Day 3: "Did you know our bulk pricing saves clients an average of [X%]?
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15 January 2025 | 7 replies
What was the longest eviction or difficult situation you’ve had to navigate?
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11 January 2025 | 3 replies
A lot of our clients have used Directed IRA as their custodian.
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14 January 2025 | 7 replies
I put quotes because its simple but many people make it more difficult.
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7 January 2025 | 9 replies
If you’re open to short term rentals, there are lots of places across the state that can really work.I’m a local investor-friendly realtor and work with both long-term and short-term rental clients.
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13 January 2025 | 12 replies
Speed generally 2. little more flexibility in ARV LTV3. availability of capital.. the banks after the GFC pretty much stopped fix and flip lending Granted your top tier clients can still get these loans.
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19 January 2025 | 10 replies
This process is done immediately if there is an asset they can show....the wrap note that is an asset.One of my coaching clients is selling his personal residence like this after he gets done with his forensic loan audit so that he can downsize.
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12 January 2025 | 2 replies
Here's a chart from ShowMojo based upon the thousands of properties their clients use their system for:Not sure how any landlord or PMC doesn't understand that DOM are affected by the time of year and it's taking longer to find tenants than any time since 2018!
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13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
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13 January 2025 | 16 replies
That just has been a go to added coverage here for my clients.