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29 November 2024 | 9 replies
This guarantor, who may be an individual or another entity, will be responsible for the difference between what is owed to the lender to make them whole and what has been recovered.If the lender makes the loan to an individual (natural person), this person is implicitly the guarantor via the note, and no separate guarantee is needed.
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30 November 2024 | 0 replies
A good broker maintains relationships with various funding sources, including individual investors, investment groups, and financial institutions.
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27 November 2024 | 16 replies
Some owners would prefer a clearly defined floor even at the cost of not rising to the highest ceiling.While I hate to say it, there are also property owners who lack either the time, knowledge, inclination, or skill to want to manage their property effectively.
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5 December 2024 | 31 replies
Each bedroom has it's own individual keypad / lock.Padsplit has data on occupancy per zipcode through their host portal.
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29 November 2024 | 2 replies
TenantCloud: https://www.tenantcloud.com/Inaggo: https://innago.com/RentRedi: https://rentredi.com/TurboTenant: https:/turbotenant.com/Avail (Realtor.com): https://www.avail.co/Minimum requirements:-Low (<$20/mo) or No Cost-Listing/Syndication-Background Check (Credit, Criminal, Eviction, Income)-Application and Lease with eSign-Automated Payments (prefer an option without fees)-Easy to export financials for tax purposesQuestions:1.
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29 November 2024 | 11 replies
I’ve joined this community to connect, learn, and grow alongside like-minded individuals.
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30 November 2024 | 2 replies
Many private institutional lenders prefer or require your property to close in the name of LLC instead of your personal name.• Understanding the rehab budget draw process: After you close on a rehab loan, your rehab budget is not handed to you at closing.
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29 November 2024 | 27 replies
I have a duplex that I originally intended to have serviced by individual heatings systems, but ended up installing a single system that's large enough to heat the whole building.
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30 November 2024 | 4 replies
If you can sub-meter the water that is always preferred it just depends on how feasible it is to do that.
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29 November 2024 | 7 replies
For my next deal I would prefer to invest in a small multifamily property (2-4 units) around $250,000.