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10 October 2024 | 24 replies
In PA we have a 5 day standard period to review leases and ask for all info regarding tenants.
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9 October 2024 | 9 replies
The tenants won’t change the filters anyway so even if you have periodic checks the units will still wear out.
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9 October 2024 | 9 replies
Then you can likely complete the renovations quickly, efficiently and on budget.
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11 October 2024 | 4 replies
In most places you are required to make a good faith effort to fill the vacancy and if you fill it prior to the end of that period you prorate what is due.
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12 October 2024 | 12 replies
Essentially a land flipper is actively seeking out properties to buy for a bargain and then aggressively marketing the piece of property to turn a profit.The flipped land can be sold for cash, but more commonly, flippers make money by offering the buyer financing and allowing them to pay the land off over a set period of time, with interest.
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9 October 2024 | 5 replies
Arm Loan - 5.250 (after five years the rates can go up 1.25% ( I will need to refinance before year 5) Need more info on loan amount, LTV, then can run the payment difference between the two and I’d also need more detailed info on the 5 year arm, as far as margin, index, floor , ceiling, adjustment periods. etc.
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9 October 2024 | 17 replies
In regards to your EMD (from what I've learned so far) If you are within your inspection period still &/0r have some sort of clause in your contract stating ( “buyer has the unrestricted right to terminate contract with a written notice no later than ( inspection period date) than you have proof.
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7 October 2024 | 1 reply
With that being said, most of the people in my immediate network who are in the construction business say the most valuable skill is just being able to run a team and a job efficiently and if they could start over they would go the GC route.
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9 October 2024 | 8 replies
Lots of people acquired their RE license during this period as it was a unique market that they thought could leverage to benefit them financially.
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8 October 2024 | 0 replies
Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period.