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8 January 2025 | 27 replies
Does North Carolina law require sellers to disclose past repairs or damages, even if they have been fully addressed?
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25 January 2025 | 15 replies
Sometimes occupants still live there and eviction is not easy, and I have even heard a story once that the yakuza are involved in the construction and real estate business and exorted money from buyers through occupants in these properties.
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22 January 2025 | 15 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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10 January 2025 | 1 reply
A realtor who understands the numbers can help analyze the property’s projected cash flow and ROI, plus they might know local leads from probate attorneys or even “drive for dollars” efforts that can reveal off market gems.
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4 February 2025 | 31 replies
I can’t even confidently say we would hear from them at if if we don’t reach out.
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10 February 2025 | 16 replies
Maybe...There's not enough info here to even speculate, but it's absolutely true that properties can sell based on the highest and best use and not necessarily today's retail value.
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4 February 2025 | 17 replies
Even though cost of debt quickly doubled in 2022 and interest rates remained higher in good areas properties continued to appreciate in value.
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13 January 2025 | 5 replies
Ask lots of questions, read as much as you can, and then ask even more questions.
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15 January 2025 | 34 replies
The reason I even ask is because I do have a clear understanding of how loans works, or should work.
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16 January 2025 | 2 replies
With the fires in CA, you can expect materials and contractors to become even more expensive.