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22 January 2025 | 8 replies
I also hold a couple of real estate forums in the area for people like yourselves to connect with service providers, GC's, etc.
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21 January 2025 | 6 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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24 January 2025 | 36 replies
Run realistic numbers and be prepared for the worst.
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20 January 2025 | 9 replies
He provided great guidance and support while I was starting out in the "private capital" space which has allowed me to achieve financials prosperity in just 4 short years.
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23 January 2025 | 30 replies
BUT………when asked a DIRECT question, it behooves the person attempting to build trust to provide a truthful direct answer, not insult the person asking the question and not by saying I don’t have to answer that, and not by stating the same unclear statement that was the Catalyst for the question.
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14 February 2025 | 161 replies
It should also ease your mind and let you sleep better when you realize that you have a series of countermoves prepared to combat adverse scenarios.
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22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
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19 January 2025 | 354 replies
A few weeks ago I wrote a summary overview to our investors in both funds to prepare them for probably lower returns in the short run from potential higher defaults.
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29 January 2025 | 11 replies
Finding a good PM will cover your concerns on managing the rental from OOS and a good agent should be able to provide you with their network of deals, including on and off market opportunities.
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18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.