Trent Balandran
Hard money loan concerns
29 July 2024 | 12 replies
They will also need to verify the ARV through a BPO or Independent Appraisal Report.
Melody T.
First investment in multifam via syndicator
27 July 2024 | 16 replies
First: Verify the sponsor’s past performance especially for similar deals.
Jon Brys
Storage Deal (First Time Underwriting) @Henry Clark
26 July 2024 | 0 replies
See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.
Michael Zimeri
Investing in Dubai?
26 July 2024 | 2 replies
.- Legal and Regulatory Framework: RERA Approval: Verify that the project is registered with the Real Estate Regulatory Authority (RERA) and has all necessary approvals.
Christopher Davis
Concerning situation with my agent
28 July 2024 | 27 replies
In my experience 2 things work well: 1) Verified recommendations through long term or trusted contacts.
Daria B.
Tenants skipped but turned in keys 🤷🏽♀️
26 July 2024 | 8 replies
There were damages and loss of rent.One of the local utility companies verified there was no transfer of service.
Gregory Schwartz
Communicate with you tenants!
26 July 2024 | 10 replies
One of my first showings was communicated and verified.
Emily Runyan
Need Help Deciding on Rental Strategy for New Construction in an "Up and Coming" Area
26 July 2024 | 14 replies
Once you’ve verified that there’s a strong market for travel nurses, you can move forward to the design portion.
Don Konipol
How Many Properties Do You Look at to Make One Purchase?
25 July 2024 | 18 replies
When it pops up, I make my offer.I already have my RE Agent in that market looking for me based on my buying criteria, so they are my eyes, which is shy I don't need to see the property until after an accepted offer...and that's just to verify that the property meets my criteria.
Mike Hendrickson
Can I have a rental with a USDA loan?
25 July 2024 | 10 replies
Will USDA verify that you have been living in the house every year?