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3 August 2024 | 2 replies
Hi all,I have 5 units and will have the ability over the next couple years to scale some.One thing that is holding me back is the time commitment on maintenance between little issues that wouldnt really make sense for a handyman/contractor to do and probably wouldnt take the job anyway to renos/painting/etc between tenants and everything in between.
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3 August 2024 | 2 replies
Having your license gives you the ability to leverage your commission in helping people purchase their acquisitions… that might be one thought for you?
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3 August 2024 | 9 replies
Consistent reminder of paying rent, automatic charging of late fees and ability to add addendum for changes in lease agreements.
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2 August 2024 | 19 replies
Every time I am tempted to do exactly as you suggest, something like this comes up where having the ability sames me a ton of time.
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2 August 2024 | 8 replies
You also get to use the other doors rents per month as income (75% of each door) towards your income to qualify.A lot of the secrets comes from the ability to do the math on the deals prior to putting in an offer.
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2 August 2024 | 5 replies
Hi Jeff,The ability of the lender to call the loans is due to the Due-On-Sales clause.
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1 August 2024 | 0 replies
This transaction showcased our ability to quickly identify and capitalize on profitable opportunities, resulting in a strong return on investment within just a few months.
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2 August 2024 | 14 replies
Lend to experienced individuals who own other rental properties already6. 6/mo Payment Reserves: insure the borrower isn't broke and has the ability to repay your debt. 7. 100% Hazzard Insurance: make sure the borrower secures hazard insurance that at minimum covers your Loan Amount ie "replacement cost".
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1 August 2024 | 4 replies
Neither one will help their ability to purchase a home or increase credit score unless you are reporting.
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1 August 2024 | 1 reply
This quick turnaround demonstrated our ability to maximize profit with minimal investment, showcasing effective market strategy and strong partnership.