
25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?

26 September 2024 | 11 replies
As others have pointed out, those are fires waiting to happen.In addition to reducing fire hazards, cleaning the ducts allows you to inspect.

25 September 2024 | 2 replies
To my understanding the process is adding my units to a board, waiting for the section 8 representative to contact me when there’s an interested tenant, have an inspection done, screen tenant and have paperwork done correct?

26 September 2024 | 7 replies
They will however require an UW process, valuation inspection, and need to meet certain property requirements.

20 September 2024 | 23 replies
Not having thorough inspections by great inspectors is stupid.

26 September 2024 | 9 replies
WHO's doing your led inspection?

26 September 2024 | 16 replies
Led Inspections, closing the POS, Sec8 and much more BTW if you are cash you will need about 1.3 mill, or loan about 350kish -400kish, 20% down plus reno Happy to share my knowledge.

23 September 2024 | 10 replies
I'm particularly interested in understanding:- Key renovation aspects that meet Section 8 standards- Common pitfalls to avoid in the process- Any specific features or improvements that are highly recommended to facilitate a smooth inspection and tenant satisfactionAny advice or a checklist you wish you had when you started would be super helpful.Thanks a lot!

24 September 2024 | 0 replies
Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

23 September 2024 | 2 replies
If we don't get a permit then does the inspector for the CO ask for it when he/she comes for inspection?