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19 December 2024 | 5 replies
It’s true that freshly renovated properties should have lower maintenance costs in the first few years, but this doesn’t account for unexpected expenses.
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15 December 2024 | 12 replies
Ultimately in looking at it, I'm not sure commercial would be that great as it doesn't have any highway frontage.
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17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
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13 December 2024 | 7 replies
When it comes to being a real estate professional, it actually doesn’t have anything to do with your job title or profession.
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16 December 2024 | 19 replies
The seller doesn’t need to know that the underwriters may give you more of a hassle than other buyers.Or do you have lines of credit or a private lender so you can make a “cash” offer then try to get the financing through before close or at worst just do a cash out refi after close?
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13 December 2024 | 5 replies
Quote from @Josiah Horn: Just because a tenant tells you they've left doesn't mean they are off the lease or released from responsibility.Give notice of termination.
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15 December 2024 | 7 replies
Your understanding is generally correct, but it's important to distinguish between assignment (where the wholesaler doesn't own the property) and double closing (where the wholesaler temporarily takes ownership of the property).
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15 December 2024 | 9 replies
Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.
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13 December 2024 | 7 replies
Winter doesn't bring too much extra cost as long as the home doesn't have outdated appliances and has sufficient insulation.
15 December 2024 | 5 replies
Since Zillow doesn’t allow live links in messages (even links to articles on their own site), it’s also challenging to direct people to my own website, where integrating a chatbot would be much simpler and more effective.