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18 June 2024 | 5 replies
They also referred me to a public adjuster at the same time.
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19 June 2024 | 12 replies
Schedule a time to visit the rental and do a walk-through to ensure it is safe (no running water, temp adjusted, trash hauled out, etc.) and secure.
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18 June 2024 | 4 replies
Up until recently I had been doing my own book keeping for both which was a terrible idea haha; I have gotten extensions on my taxes for the past 5 years because i manually itemized all expenses I did not keep up with throughout the year on EXCEL.
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20 June 2024 | 69 replies
Next Step: Adjust accordingly.
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18 June 2024 | 14 replies
I think I would make excuses or adjust the criterias just to make something work.
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19 June 2024 | 18 replies
Nobody wants an ARM (adjustable-rate mortgage); yikes - of course not, everyone knows you are at risk of forclosure!
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18 June 2024 | 83 replies
Anyone who works remote or online or does low skill manual labor.
17 June 2024 | 8 replies
I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through & find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.
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16 June 2024 | 1 reply
The maximum amount of the energy package that can be added to the borrower’s regular FHA loan amount is the lesser of:· A cost-effective improvements to be made (energy package) based on the home energy assessment; or· the lesser of 5 percent of:the Adjusted Value;115 percent of the median area price of a Single Family dwelling; or150 percent of the national conforming mortgage limit.An FHA-approved lender can access FHA’s EEM Calculator to determine the dollar maximum amount that a borrower can finance for energy improvements.
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16 June 2024 | 4 replies
talk to the dept of health first (records requirements etc), establish what upgrades/maintenance required, line up a reliable repair/handyman/type person, consult lawyer, and then make your offer, see if you can buy the land it's on via lot line adjustment (ideal scenario). a lot to be aware of, such as system upgrades or county code changes bringing in the requirement to add metered connections to an older small system, for just one example.Otherwise- owner doesn't want to manage, I doubt you really do either but could be wrong.