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15 June 2024 | 7 replies
This is a huge red flag to me, expecially as it appears the seller is also the property manager.
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15 June 2024 | 87 replies
Alan Ceshker: Thanks for the questionYes it does First - get insurance in place correctly -- use a proven insurance provider -- this is most important Educate seller to not contact the bank Use a trust structure to have the conveyance appear to comply with Garn St GermainBe ready to fix if needed via a deed flip flop or paying off the mortgage These transactions should only be attempted by experienced and ready investors -- those with the knowledge and ability to fix if neededThanks Alan OK other than paying off the mortgage everything else you describe is just trying to get away with something that you know gives the lender the option to call the note..
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18 June 2024 | 83 replies
Queen Creek and other suburbs like Buckeye and Maricopa were among the fastest-growing large cities with growth rates over 6%.New Braunfels, Texas - Located near San Antonio, New Braunfels had a growth rate of 5.7% from 2021-2022 and a total population of 104,707.Montgomery County, Texas - This suburban county north of Houston grew by 4.3% from 2021 to 2022, part of a 47.7% population increase since 2010 When the absolute value of the city is so small, the percentages appear huge.5% growth rate from 100k to 105k really isn't going to attract industries or shows true tangible growth besides folks just being pushed out of Austin and SA.
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14 June 2024 | 7 replies
They filed a claim but it doesn't appear like they'll be covered enough as I don't believe they had flood insurance.
14 June 2024 | 3 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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14 June 2024 | 5 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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15 June 2024 | 54 replies
He tells me the property has been vacant since October 2017.Note that Oceanpointe deposited rents from October 2017 through March 2018.3/28/2018 - I sign the contract to change PMs to Wilmoth Group;4/2/2018 - The Wilmoth Group PM sends me many photos of the destroyed property, including what appears to be an abandoned stolen vehicle on the premises; they estimate a cost of $12,000 to $15,000 to repair all the issues; PHOTOS4/2/2018 - Reply from Clayton promising to make needed repairs4/3/2018 - Clayton Morris emails me that he is checking out the house this morning with his team; that it’s a good property and that OP will fix it on their dime.
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13 June 2024 | 6 replies
It appears they tried to remove the stains, but they are still visible.
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13 June 2024 | 8 replies
If you're to search on FB for investor financing or hard money lenders, those ads should start appearing for you.
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14 June 2024 | 30 replies
For example, a field called "Borrower Name" appears on page one once, and is copied as many times as necessary to the note and deed of trust, further down in the PDF.All I have to do is fill out every field on page one and every field with the exact same name in the rest of the document automatically matches and in the correct position.