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13 December 2024 | 6 replies
This notice should include the reasons for the denial or a statement informing you of your right to request those reasons within 60 days.
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13 December 2024 | 16 replies
We are looking for companies that OWN and are accountable for the full end-to-end process including purchasing, rehabbing/build, post-close property management.
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23 December 2024 | 24 replies
Last, you can do an unlimited amount of repairs to a home using a 203k renovation loan (up to the FHA loan limit), including knocking down the house and building a new home!
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13 December 2024 | 17 replies
Yes The utilities and common area cleaning are included into my expanded monthly cost. im modeling this closer to a hotel than a traditional rental.
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14 December 2024 | 13 replies
Common examples include difficult grading, or an irregular lot orientation.
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17 December 2024 | 16 replies
I can build a 1,000 sq ft cabin including land and holding costs for about 350k or so and the cabin will appraise out for about 500k to 525k and will produce gross rents in year 2 between 50k to 60k.
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16 December 2024 | 15 replies
We include a couple days of essentials like toilet paper, etc to get them by.
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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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7 December 2024 | 5 replies
Also, I'd lease out the other bedrooms for additional income as well as practice screening, leasing, and interpersonal comms.
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20 December 2024 | 10 replies
These include accidents (I recently had 2 units destroyed by fire), natural disasters (I have had two units each hit by 2 hurricanes), property management turn over (they sell or stop being as good, I have experienced both), or turn over of team (I am turning over at handyman and I suspect plumber), or just wear n tear of property (slab leak in poor location, sewer pipes rotted out (one unit this month), roof, foundation issue, etc.).