Matthew Drouin
$1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies
It was a gut punch to see the tenants whose income we were counting on mass exodus the building right after we closed Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.
Daniel Boucher
Triplex purchase, current tenant paying below market rent
12 December 2024 | 4 replies
One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.
Saika Maeda
ADU permit or not; financial implications
20 December 2024 | 27 replies
They would be better off paying the professional to do it quickly and correctly the few times they will need a garage door opener installed.Even though i open permits slightly regularly, when i open a permit in a new jurisdiction it typically has some unique quirks that i need to learn.
Jason Seay
what to do when a couple splits up and one stays in the property?
18 December 2024 | 9 replies
Be professional, kind and firm.
Michael Wentzel
Selling portfolios of properties... use agents or loopnet or another strategy?
13 December 2024 | 9 replies
Here are some other strategies:Investor Networks: Share through local REI groups or investor meetups in Colorado and Ohio.Direct Outreach: Use mailing lists or email campaigns targeting known investors or real estate firms.Social Media: Post in real estate forums or Facebook groups for investors.Websites for Property ListingsRoofstock: Specializes in selling single-family rental properties to investors, offering built-in tools for analysis.BiggerPockets Marketplace: A hub for active real estate investors, perfect for promoting rental properties.Auction.com: If you’re open to auctioning properties, this platform reaches a broad investor audience.RealtyMogul: Offers connections to individual and institutional investors, especially for multifamily properties.MyHouseDeals: Focused on connecting with investors looking for fix-and-flip or rental properties.Zillow Rental Manager: While more general, it can still attract landlords looking to expand portfolios.Mashvisor: A great platform to market properties with detailed cash flow and rental projections.PropertyShark: Targets real estate professionals and investors with access to detailed property data.These can help you reach a broader audience and possibly sell faster.
Elijah Tisdale
Downtown Pittsburgh Victorian (1st investment of many)
14 December 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ke Nan Wang
6 Bedroom 5 Bath Multi Generation Co-living New Construction Investment Project
15 December 2024 | 2 replies
How to execute a 1031 exchange build to suitHow to operate and self manage a co-living propertyDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Paula Simpkins
Locating Landlord--Is this CRAZY to far?
17 December 2024 | 9 replies
Maybe they are bad communicators.Assuming you still want the place, I would do anything you want to reach out via the renal address or professional websites, but home addresses and personal social media is going too far.