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16 September 2024 | 1 reply
If not, well you know the old saying, "the best time to get a lead paint certificate for your units was last year; the second best time is now".I've been told that the RI DOH may not start hitting people with fines for failure to register on October 1 as the law allows them to, due to the insufficient # of inspectors in the state to meet the demand.However, I've also been told that the other part of the law, the one that makes it so you cannot file for an eviction in RI without a current lead paint certificate, is expected to take effect sharply on October 1st.For anyone who hasn't submitted their properties/units to the new registry, I have a 15-page guide (with screenshots) that walks you through it.
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20 September 2024 | 73 replies
The majority of data is open source and we can get it by simply looking at Zillow, county websites or heaven forbid taking a trip down to the county clerk’s office and actually pulling the documents.
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18 September 2024 | 10 replies
Maybe look at other storage units for sale or that sold in the last few years and enlist the help of those agents to guide you.
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17 September 2024 | 2 replies
This makes it an essential tool in the capital structure, particularly in challenging financial circumstances.Overall, while both Mezzanine Debt and Preferred Equity have their unique benefits, the choice between them should be guided by the specific needs of the project and the financial goals of the investors.
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21 September 2024 | 71 replies
Most deals the end buyer got 3 to 8k cash out at close so if they did 4 they would get enough to get the 8k they put down to get my loan and pocket 20k or so. that was intended for reserves well we know what happened the cash out went to jet skis or trips or what have U..
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16 September 2024 | 2 replies
If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.
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16 September 2024 | 6 replies
Then use that report as a guide to what else really needs fixing.Also, use this guide to prioritize repairs:1) Health & Safety issues2) Property Preservation3) Goverment Required (S8 and city inspections)4) Marketing negative impact5) MiscellaneousAlso, keep in mind YOU are NOT living in the home!
16 September 2024 | 14 replies
I guess I like the aspect of having an experienced investor to guide me through the entire process.
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14 September 2024 | 3 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
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11 September 2024 | 8 replies
Can someone guide me where to apply and obtain a license to build this basement unit to an official unit with its address, electric, and other amenities?