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4 September 2024 | 2 replies
-BRRRR is non-existent.
5 September 2024 | 3 replies
Your agent should be able to assist with this, but typically you need estoppel agreements to transfer the lease from the existing owner to yourself.
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9 September 2024 | 23 replies
There is a reason why PMs exist and why they manage based on location.I'm not sure how often you're flying to Detroit and checking up on your properties but having someone do consistent walk-throughs at least three times a year is incredibly important.
4 September 2024 | 12 replies
You owe $65k to your existing lending.If you refinance, depending on your FICO, you get up to 80% LTV of the new value, meaning a loan for $80k.
4 September 2024 | 4 replies
It will be difficult finding a second position lender on a primary purchase (IF THEY EXIST AT ALL).
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6 September 2024 | 6 replies
Is your existing property that good, that you can sale within the timeframe near the price you want?
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4 September 2024 | 1 reply
Does this page no longer exist at BP?
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6 September 2024 | 9 replies
This means the cost would generally be capitalized and depreciated over time, rather than deducted immediately as an expense.On the other hand, if you were simply repairing the existing refrigerator to maintain its normal operation, that would likely be considered an operating expense.
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5 September 2024 | 35 replies
Does something like this even exist in this amped up STR market with so many pros/operators out there nowadays?
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10 September 2024 | 34 replies
It sounds like there was a lapse in communication and follow-up from both agents involved.It’s important to review any existing violations carefully.