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21 October 2024 | 4 replies
When ROE falls below this range, it might be a sign that your property has accumulated too much equity, and you could consider options like cash-out refinancing, selling, or 1031 exchanges to redeploy that equity into higher-yielding investments.During the growth phase, focus on maximizing returns by keeping your ROE within or above this range.
21 October 2024 | 2 replies
However, your credit could also be impacted if you're co-signing or jointly applying for the loan.Regarding the funds, lenders usually require that the down payment funds be seasoned, meaning they need to be in the account for a certain period, often 2-3 months, to ensure they are not borrowed.
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20 October 2024 | 3 replies
Option period has now expired without a signed amendment to extend the close.
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17 October 2024 | 26 replies
There are STR specific DSCR loans that account for the previous revenue if you are buying one that has been going already.Read Avery Carl's STR book from BP and also follow Bill Faeth, Kenny Bedwell, Taylor Jones to start with to get an idea of what is happening in STR right now.
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23 October 2024 | 11 replies
Webinars and getting people to sign up for events is typically the most productive or dinner where you share what you are doing.4.
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20 October 2024 | 12 replies
Hand-delivered and signed for works as well as certified mail, but I would not just put it in the door.
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25 October 2024 | 33 replies
There is no way of knowingMy advice to everyone is this.Stop thinking with a scarcity desperation mindset.If you think it is ok to harass 1000 people to death to get one contract signed, you really need to reevaluate your business ethics and principles.
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16 October 2024 | 7 replies
@Roger D Jones So true on your last point, thanks!
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20 October 2024 | 4 replies
That's the problem because you have no ultimate control of your property and it's a sign that you're treated second class compared to the locals .
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21 October 2024 | 13 replies
Also, asking under the assumption the Second Cause/Writ was signed off on from the court.