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15 November 2024 | 9 replies
Of course he was a liar, and we could have walked, but for *maybe* a grand worth of old appliances?
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15 November 2024 | 13 replies
But of course, the actual value will depend on a lot of variables - local market conditions, planned renovations, etc.
15 November 2024 | 14 replies
Stay consistent stay the course and you will do great.
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11 November 2024 | 9 replies
this is old tried and true method of simply having you pay them to get credit cards .. there is no need to pay for this service.. unless you want to of course.. there is no magic bullet ut there that is going to give you credit and financing unless you actually qualify for it.But zero interest credit cards are used by some to do rehab and then pay them off issue is though your fico score drops like a rock the second you take on all these CC.Also starting out there is zero chance of getting any kind of business line of Credit that is unsecured.
12 November 2024 | 2 replies
That is the best course of action.
7 November 2024 | 8 replies
The potential for a loan call is higher and higher with sub to the more parties you involve if that makes sense.Trying to take down four homes sub to and then do remodels to them all, and then list them on short-term rental sites, and get full permitting and ok for not just the STR, but for your renovations and all prior renovations maybe done without a permit, while on subto, sounds like a pretty big mess to me.I would consult with a sub to specialist and prepare for the potential of having all the loans called at some point.
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11 November 2024 | 12 replies
Of course, if there is a severe recession and a "run on the bank" situation, then the redemption feature is gated.
13 November 2024 | 8 replies
Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.
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14 November 2024 | 40 replies
Don't buy courses, everything is available for free and as you learn you'll get better at understanding what's good info and what's not.
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11 November 2024 | 0 replies
Since the goal is to revitalize these areas, property values—both for homes and rental properties—are expected to increase as the neighborhood improves.Community Impact:Of course, the main goal of any investment is to generate a profitable return.