
25 November 2024 | 2 replies
You can always search local tax records on your assessor's website.

26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.

25 November 2024 | 5 replies
@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

26 November 2024 | 6 replies
I took a 3rd loan of $45,000 from a family member on a 36 month non-recorded loan to help with the down payment costs.

26 November 2024 | 6 replies
The only challenges you haven't mentioned is advertising for roommates, screening them and where to get a lease.

25 November 2024 | 3 replies
If we are checking property tax records, should we not buy a home where different LLCs (investors) have owned it and sold it every 2 to 3 years?

28 November 2024 | 184 replies
Please see below update on the this case:My attorney and I have been going through multiple banking records over the last few months.

27 November 2024 | 13 replies
Tight tenant screening is always a key factor in preventing costly evictions.

25 November 2024 | 10 replies
Louis because of the price $60k to $100K usually 3-2 bedrooms and 2-1 bathrooms to put for section 8, but a lot of people said bad things about it that make me scared We have the same screening process for Section 8 as we do for traditional tenants.

18 November 2024 | 2 replies
Looking to buy a house in Berkeley, CA. and have a quick question regarding the property title & assessor records.