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2 January 2025 | 11 replies
How I handle them is typically not well because I am not as swift as I should be - this is when having a PM is so valuable.Whats your goals/vision for 2025 Fed?
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4 January 2025 | 26 replies
The penny pinching and essentially slum lording of STR's at least in my experience is over.
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22 December 2024 | 5 replies
You may not like their current deals/offerings, but I would call each of them and let them know what you are looking for - essentially your "buy box."
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4 January 2025 | 25 replies
In this function, they will typically make better returns AND have a lower perceived risk level because they are controlling the assets.
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26 December 2024 | 10 replies
Also, while you might have to put down 40%+ in some countries, it isn't typical and, again, it's not the case in some of the countries you mention.
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4 January 2025 | 28 replies
And what kind of MBF do you get out of a typical stem.
29 December 2024 | 9 replies
Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.
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24 December 2024 | 3 replies
Typically you aren't buying a fixer upper with a conventional loan.
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28 December 2024 | 13 replies
ALSO, I have not had to do an eviction following a partial payment agreement (so I don't know exactly how that would pan out in our courts), all of my tenants have so far completed their payment agreements as signed.Multifamily Northwest has forms for these types of things available via the Rental Forms Center at https://rentalformscenter.com/ Their forms are typically well reviewed by local attorneys; as you'll note, on the Partial Rent Payment Receipt there is verbiage specifically about if the landlord has/has not served a termination notice and reserving the landlords right to eviction if the agreement is not completed.
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6 January 2025 | 28 replies
I got the terms mixed with open mortgage (no penalty to pay off early, but higher interest rates) and closed (more typical mortgage with lower rates, but the penalties to pay off the mortgage)...that'll teach me not to post too early in the morning :)