Fernando NA
I need some help on log cabins
7 January 2025 | 2 replies
Many Airbnb guests will want common utilities unless it is in a remote are where you go as a sot to sleep while hiking the area.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker?
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 5 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
See if those can be covered for utilities.7.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
This way you can utilize the leverage if you plan to scale up in the future.
Alex Hymanson
Loan Product and Value Add Questions for Self-Storage
2 January 2025 | 2 replies
ALTA survey, utility survey, etc.$100k per building, I'd say not usually.
Kadeem Kamal
Boilers heating costs ruining my analysis
4 January 2025 | 1 reply
If you’re looking at retrofitting to separate heating for each unit (like furnaces or mini-splits), you might be looking at a higher upfront cost, but it can shift utility expenses to tenants and improve your NOI.I’d factor in boiler age and efficiency when analyzing deals and if it’s near the end of its life, negotiate a price reduction or a credit.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Be sure to utilize tools of the trade for the best information.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Utilize tools like BiggerPockets for resources and calculators, and consider creating a simple spreadsheet to track property details, budgets, and timelines.
Godsheritage Adeoye
How to takeover Subject to loan
3 January 2025 | 7 replies
There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.