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15 November 2024 | 1 reply
To ensure accuracy, verify comps manually by reviewing recent sales in the area, property condition, and similar features.
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17 November 2024 | 13 replies
For example, if their lender drags things out and ends up offering mortgage conditions that are wildly different than what we have discussed then I would be forced to accept those conditions or lose $50k.I have also asked if they could lower their earnest money deposit demand to something more reasonable, which they have refused.
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18 November 2024 | 16 replies
@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them.
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15 November 2024 | 1 reply
Message from RentRedi:"ACTION REQUIRED:You must agree to the new terms and conditions to continue processing rent by October 7th.I have read and accept the Stripe Connected Account AgreementConfirmRentRedi is updating our payment processor to Stripe.
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15 November 2024 | 25 replies
It's feasible for you to use an existing platform, most likely ethereum, and build your own variant of coin with specific conditions for smart contracts.
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15 November 2024 | 6 replies
The location and access to amenities make it a super desirable area so you need to keep an eye on inventory and competition.
13 November 2024 | 4 replies
Tennessee’s no-state income tax policy can be a nice perk for long-term wealth building.Indianapolis Pros: Having real estate connections in Indy could give you a competitive advantage on deals, local market insights, and trusted contractors, which can be invaluable for a BRRRR strategy.Ultimately, your “competitive advantage” might be stronger where you already have boots on the ground.
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12 November 2024 | 15 replies
I charge a $500 deposit or a $25/m pet feeBut I have a condition...I tell the applicant that I usually do not take pets, but I do make exceptions.
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15 November 2024 | 16 replies
My limited experience with the Gurus is that are very rarely price competitive and target newer buyers.
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14 November 2024 | 3 replies
Get the inspection report and check comparable properties quickly for condition and then go to the seller with your proposed reductions and be able to point out condition-comparable properties in keeping with your proposed price reduction.