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7 October 2024 | 6 replies
Know the lenders requirements for the loan types you will need.For instance you may find you need to have liquid cash of 9 Months P&I and 100% of the loan amount as your personal net worth in order to avoid personal guarantees on the loan, and your retirement accounts may not count towards your liquidity.Know the requirements of the loan products for the apartments you want to buy.There are no books for that, that I know of--just lenders info.Because without that all else is just scholastic exercise.Good Luck!
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8 October 2024 | 23 replies
I think they operate in 36 states.I would lease the house to them for an estimated but not guaranteed $x per room.
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7 October 2024 | 9 replies
https://www.vertex42.com/ExcelTemplates/rental-cas...The above is a link to a downloadable sheet for rental properties.
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8 October 2024 | 6 replies
However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.
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8 October 2024 | 6 replies
Virtually guaranteed it's before your house is back to pre-destruction condition.
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7 October 2024 | 6 replies
I could send you a link to apply for the loan if you want.
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7 October 2024 | 12 replies
The legal docs to investments like these are usually pretty locked in and there is a very deep understanding that projections are just that and not guaranteed, and the legal docs usually give the syndicators room to maneuver away from the original business plan if they feel it's the best decision.
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7 October 2024 | 6 replies
Yes, most are one line or links, not super helpful which is why you have so few upvotes versus the posts you make.
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8 October 2024 | 0 replies
Proximity to new transport links, business hubs, or recreational areas can increase your property's value and attractiveness.6.
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9 October 2024 | 15 replies
. ** I’d ask for their Airbnb or VRBO profile link to review their reviews, years hosting, etc. to ensure it lines up with what they’re telling you*2.) with you guys being out of town, I’d make positive they have a team of maintenance guys for whenever something along the lines pop up.