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20 April 2024 | 100 replies
I am very concerned this might be a scam after @James Wise refused to provide what I believe is basic information that should be given as part of a real estate transaction, and wanted to ask what you guys think.The property in question is a Quadruplex in Cleveland located at 7809 Franklin Blvd and featured here: https://www.youtube.com/watch?
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19 April 2024 | 8 replies
Just one of the many cool features.
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18 April 2024 | 8 replies
If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.
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18 April 2024 | 9 replies
The online payment feature was broken for a few weeks but is now functioning again.
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18 April 2024 | 1 reply
The property could be in a rough neighborhood, need tons of work, or lack features that renters crave.Beyond the Sticker Price: Unveiling Real ValueTrue value goes way deeper than the asking price.
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18 April 2024 | 10 replies
Listen to @Jon Smith he has provided with good insides and he is also in your market, but in summary things that you have to look at:- You have to do a rental CMA to know how is the rental around your property with similar features and size.
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18 April 2024 | 19 replies
-Add Outdoor Lighting: Illuminate your home's best features with strategically placed outdoor lighting.
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18 April 2024 | 16 replies
@David Friedman there are generally a few brokerages in each market that heavily deal in the restaurant space, it would likely be good to get on their radar, and to @Evan Polaski 's point, having your data/features on hand to "pitch" the site is likely a good call.Other items to note would be just to understand if the current configurations of the retail spaces could be reconfigured for a restaurant, things like grease traps, larger water lines, patio requirements may all be things they are looking for.
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21 April 2024 | 240 replies
I've worked with / met with other turnkey operators and OCF is certainly at or near the top when it comes to the total package (available houses, prices, customer service, etc.).....the PM side seems to be very efficient and great at responding to any questions (love the text feature as well)!
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17 April 2024 | 18 replies
One of the great features of self-directed IRAs is that they don’t have to be used only on their own.