26 August 2024 | 16 replies
I recommend Class A or B, not Class C if you're going to buy OOS and fly out to the areaAnytime a turnkey provider, wholesaler, seller, agent etc that shows you a spreadsheet number with cash flow, appreciation, repairs, capital expenses etc those are ideal scenarios.
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23 August 2024 | 8 replies
@Bryce MosierRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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23 August 2024 | 14 replies
@Natalie JohnstoneRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
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25 August 2024 | 21 replies
According to State statue 509.032 (b) A local law, ordinance, or regulation may not prohibit vacation rentals or regulate the duration or frequency of rental of vacation rentals.
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27 August 2024 | 43 replies
Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.
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25 August 2024 | 10 replies
Think of it this way: - Buyer A: $100K Price seller to compensate 5% (2.5% to each) to listing and seller's broker VS Buyer B: $98K Price and buyer compensates their own broker.
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20 August 2024 | 1 reply
Politics vis a vi density either want low density or high density. 6.
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25 August 2024 | 57 replies
So if I understand you correctly, if Person A enters into a contract with Person B to perform Job Z for $100 per hour and B billed A for 10 hours, but later A finds out that B only worked for 1 hour, that is legal.
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24 August 2024 | 55 replies
Also @Venkatesh B. do you do property management?