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26 November 2024 | 86 replies
At various times during the past 25 years he “specialized” in oil and gas drilling, franchise sales, surgical center investments, office centers, start up incubators, vitamins, mobile washing equipment, cemetery syndications, residential mortgage brokerage, commercial mortgage brokerage, insurance as an investment, long term care insurance, and property development in Mexico.
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20 November 2024 | 9 replies
As someone else mentioned, what I've seen a lot of in the past six months is deals that don't have the rental income to service the debt and borrowers with marginal credit.
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15 November 2024 | 13 replies
I would review your PM agreement you signed to see all the terms and conditions you agreed to and how the money flows and if you are required to have an account with them with a min dollar amount for emergency repairs (usually $500-1000).
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18 November 2024 | 13 replies
Not sure what the interior will look like, but hopefully you have photos of prior to occupancy, so that you will be able to claim against their security deposit, and a judgement for past due rents and any damages
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18 November 2024 | 10 replies
I’ve been listening and soaking up knowledge about real estate for a while now, and I’m pumped to dive deeper into new strategies.For the past 10+ years, I’ve been running a wholesale business in ATL.
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17 November 2024 | 1 reply
I've done that and have t had an issues in the past
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12 November 2024 | 15 replies
I wish to buy to rent with min rehab.
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17 November 2024 | 6 replies
When you do a refinance, you are signing a 1 year occupancy clause so you have to plan on staying in the home at least 1 year past a refi.
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20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.
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12 November 2024 | 5 replies
Yes like Min said, its great to have a plan but I would say the action is much more important - I did a few bad deals and learned so much more than I would have if I was just sitting on the sideline planning things.