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13 December 2024 | 16 replies
I believe the better value currently is finding a home that needs cosmetic repairs and allowing the PM to handle those and get the place rented out as someone else stated.
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9 December 2024 | 8 replies
A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.
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13 December 2024 | 5 replies
This setup allows for many different Housing Vouchers such as HOM INC, VASH, Regular S8, Rapid Rehousing, etc. etc. etc.
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9 December 2024 | 5 replies
3.If a tenant with pet moves in and wishes to convert the pet to ESA or SA, is landlord allowed to deny the request?
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11 December 2024 | 6 replies
Will the HML allow you to refi?
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7 December 2024 | 1 reply
We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.
12 December 2024 | 14 replies
I agreed to leave a buffer around the entire development but we needed the allowed density..
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8 December 2024 | 1 reply
By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.
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9 December 2024 | 2 replies
There best move would be to put the property in a trust and not sell it until after the current homeowner passes away as that may allow the daughter to get a step up and then sell.Also, seller financing does not always net the highest price - and there is the issue of the seller having now to hope a loan does not go into default.
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10 December 2024 | 6 replies
If so, then find out what you have to do to have him removed as domestic violence allows the tenant to move without 30 days' notice (to ensure her safety).