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1 January 2025 | 12 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a Corporate Entity, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
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28 December 2024 | 1 reply
By exploring options for cost-effective utility usage, such as installing low-flow fixtures and implementing irrigation systems, we can significantly save on water expenses.To keep things running like a well-oiled machine, you’ve got to have a rock-solid asset management plan.
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28 December 2024 | 2 replies
The grout between the tiles allows a run off of water and a gripping surface for your feet.3. if you’re smart, use durock on the walls too, right up to the ceiling.
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28 December 2024 | 1 reply
If the cost to get it running again is not too much (<Â $5k?)
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31 December 2024 | 13 replies
Right now there're some agents trying to sell me the new build homes, but I've run the number, with the current interest rate it's really hard to get a breakeven cashflow in 5 years.Â
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6 January 2025 | 25 replies
Now there is a whole array of ways this could be done, I'm not gonna run down that rabbit hold but fact is doing it all 100% on your capital alone is the hardest longest road.
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27 December 2024 | 2 replies
My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.
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2 January 2025 | 53 replies
Its how the industry is run..
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10 January 2025 | 67 replies
Remember syndicators run a business, and they invest in almost all market conditions.
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27 December 2024 | 34 replies
.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com