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13 December 2024 | 35 replies
I would make one distinction and that’s between an expense and a capital improvement.
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15 December 2024 | 10 replies
Rent on a 4 bedroom place may be $5000 monthly ($12,000 in Manhattan); rent it by the bedroom for $1500 per bedroom with access to all common areas.
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13 December 2024 | 7 replies
This is a good thing if you want to do some rehab, but again, you must be very strategic about how much money you put into a place, knowing it won't naturally appreciate beyond what you create in improvements.4) We're having a bit of a zoning crisis.
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12 December 2024 | 2 replies
Centralized Document Storage with Access ControlHave a secure, centralized system to store, organize, and share all company documents (e.g., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
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13 December 2024 | 6 replies
You wouldn’t magically have access to hundreds of thousands of more dollars if your credit score was 20 points higher TLDR: You aren’t being harmed at all by being 780 instead of 800+.
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11 December 2024 | 8 replies
These loans allow buyers to purchase a property “AS IS, WHERE IS”.Renovation loans are available in 30, 20- and 15-year fixed rate terms and can be used to purchase owner occupied, second home and investment properties.By time the renovations are completed, the home needs to be in move-in, live-in condition and conceptually ready to be resold without repair issues.Other Important Items to Know about “Conventional” Renovation LoansMaximum – Minimum Purchase/Upgrade Amounts:Maximum: Limited to 75% of the “after improved” valueOccupancy: Primary, Second Homes, Investment PropertiesUnits: 1-4 unit propertiesRenovation Term:The renovation term for this program is a maximum of 180 days.The Borrower(s) is responsible for the work being completed within the escrow period.
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12 December 2024 | 7 replies
I'd try to call a few agents and see if they can run sold comps.Once you have access to sold homes, there's nothing to get caught up on.
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13 December 2024 | 5 replies
Have you accessed the property?
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13 December 2024 | 5 replies
Projects give us visibility on my projectsMy CPA can easily access the reports for tax preparation.
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11 December 2024 | 6 replies
But to build this I will need access to NAR APIs.