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10 December 2024 | 3 replies
This likely means living in Louisville proper, depending on the job's location.
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9 December 2024 | 16 replies
Some portfolio or private lenders may waive this rule, so it’s worth exploring.While waiting for the 6 months, finalize renovations, stabilize the property with tenants, and ensure all paperwork (leases, receipts) is organized.
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9 December 2024 | 9 replies
Land Entitlement is one of the riskiest Real Estate investments for several reasons:1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitable for development.
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4 December 2024 | 7 replies
If the kitchen was not cleaned properly, it certainly should have been.
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12 December 2024 | 5 replies
You've possibly stated in writing that you (may have) violated several laws ie. working as a property manager w/o the proper licenses etc. 2.
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4 December 2024 | 30 replies
Baselane offers cash flow at the unit, proper or portfolio level.
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10 December 2024 | 4 replies
If you do a proper foreclosure and notify all parties a tax foreclosure can clear up an otherwise scrambled title.
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13 December 2024 | 13 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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12 December 2024 | 7 replies
Hello everyone,I am about to start writing out offers and I wanted to know the general opinion on how to find proper comps in the area when calculating ARV.
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11 December 2024 | 13 replies
More commonly, a Revocable Living Trust ensures your assets are passed to a trustee upon death.