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28 May 2024 | 2 replies
**PITI is $522 a month (2%interest rate)** Actually cosmetically ready for renters and appears fixed up.On the inspection report the plumbing failed and it mentioned shifting soil in the foundation report.
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29 May 2024 | 4 replies
Hey Ian,Given your background and interest, it seems you have a strong foundation to succeed in real estate investing.
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26 May 2024 | 19 replies
I have one I use for funding hard money at Schwab.
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29 May 2024 | 15 replies
Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically.
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25 May 2024 | 7 replies
Inspection report came back with a few things, but the one that concerns me is foundation problems.
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28 May 2024 | 15 replies
Look out for potential issues like plumbing, electrical, roofing, and foundation problems.
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27 May 2024 | 9 replies
We feel very confident in our underwriting, but given the jump that we made from SFH to an apartment building, we want to ensure we're not missing steps in our DD/inspection plan.Here's our current plan:1) Have a general inspector complete a Property Condition Assessment.2) Have specialists complete an evaluation of the roof, electrical, foundation, and heat source (2 steam boilers).3) Review financials, all leases, existing service contracts, rent roll, tax assessment, rental certificate, and 12 months of work orders.Here's what I'm not sure about:1) Are there DD items (specifically those that we would request from the seller) that are not captured within #3 above that we should be requesting?
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27 May 2024 | 7 replies
You're absolutely right; it's crucial to have a solid financial foundation before diving into real estate investments.
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30 May 2024 | 93 replies
Lots of deals to be found at tax sales.