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30 November 2024 | 1 reply
To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc and property factors like equity or existing financing terms.
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5 December 2024 | 12 replies
Generally, the fees can range from $500 to $2,500 or more, depending on the specifics of the loan and the attorney's rates.Here are some common fees associated with loan document preparation:Promissory Note and Loan Agreement: These are the core documents, and the cost of drafting these can range from $300 to $1,500, depending on the complexity of the deal and the lawyer's hourly rate.Deed of Trust or Mortgage: This is often required to secure the loan against the property and can cost an additional $300 to $1,000.Title Search and Title Insurance: If you’re using title insurance or require a title search to secure the loan, this can add another $300 to $800 or more to the cost.Other Documents: Depending on the type of loan (e.g., hard money loans, commercial loans), you might need additional documents like personal guarantees, collateral agreements, or an escrow agreement.
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7 December 2024 | 8 replies
See who hasn’t raked their leaves.See who hasn’t shoveled their snow after day 3.Look on the tax GIS map and find the owner.Find someone who can do AI searches on the GIS database.
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5 December 2024 | 6 replies
When tenants aren’t able to achieve long-term success, they’re more likely to move out in search of a more favorable location.
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5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
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2 December 2024 | 5 replies
I’d like to have someone review the property and help identify specific areas that may need to be brought up to standard before I proceed with landlord registration for the program.Additionally, I’d welcome any advice, suggestions, or insights from those with experience in this process.
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9 December 2024 | 23 replies
You'll be surprised how many cases there have been and how the law has developed.Do a quick search for Pennsylvania tree laws or Pennsylvania tree liability and you'll see what I'm talking about.
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2 December 2024 | 3 replies
Surprisingly, the new listing now appears correctly in the search results.
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9 December 2024 | 15 replies
Search 'STR arbitrage' on this forum to get an understanding of what it entails.
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4 December 2024 | 4 replies
Most serious and qualified tenants are searching on the major 3rd party platforms you mentioned + realtor.com, redfin, and a few others.Apartments.com & homes.com are owned by the same company and may offer some additional marketing options.Another strategy to consider here is social media - video marketing.