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28 July 2024 | 7 replies
Thanks, so it sounds like the steps to send the seller are:1) Letter of Intent (LOI)2) Earnest deposit based on a 21-days inspection & financial contingencies3) Coordinate time with the seller to have an inspection & general contractor (GC) walkthrough4) Calculate the amount of repairs/fixes required to see if it makes sense5) Ask the seller for lease docs (estoppels) in addition to rent rolls, maintenance, and all expenses6) See if the bank approves the purchase7) Purchase, send the tenants a document that says I'm the new owner, and start rehabDoes that sound right?
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28 July 2024 | 3 replies
I went to the bank to get a pre approved letter as and was denied bc of my income.
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28 July 2024 | 5 replies
We also have access to a $30k HELOC, fixed 8.5%.The current mortgage is $1600 and exact units in our block are renting for $2600+/mo, but the property doesn't pass the 1% rule.We want to start investing in RE again.
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26 July 2024 | 8 replies
If you send the security deposit disposition to the address they rented from you with ADDRESS SERVICE REQUESTED written in the area between the address block and stamp you'll get a postcard back with the details if the mail is forwarded.
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28 July 2024 | 4 replies
So in essence in some states tech has changed I really don't know what the block chain is personally or how it would work or make anything better than having a digital title plant..
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27 July 2024 | 26 replies
Being east of Aramingo in Port Richmond is an entirely different world than Kensington Ave/the letter streets.
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27 July 2024 | 1 reply
Main priority is the screening/lease/onboarding and the occasional letter I might want to store for recordkeeping.
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25 July 2024 | 22 replies
We sent them the photos and videos to back up the invoice and they have decided to block our emails and calls.
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27 July 2024 | 2 replies
Hello to those reading,I manage a family-owned commercial property and we recently received a letter from the NYC Department of Environmental Protection about installing a backflow prevention device.
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26 July 2024 | 1 reply
I tried for over a week to make things right, explain that there was a miscommunication and that, if they blocked me due to the initial violation, their own sales rep reached out and told me how to do it correctly, which I did.