
9 January 2025 | 4 replies
The agents are charged for this service no matter what so it's difficult for the agent to service from a time and financial perspective.

12 January 2025 | 10 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?

27 December 2024 | 8 replies
As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear feedback from the BP community.Large PM companies have begun partnering with financial institutions, such as Rhino Insurance, to help tenants who struggle with paying their security deposit.

12 January 2025 | 2 replies
Your situation is a little more complex than most people and I highly suggest you consult an attorney.

15 January 2025 | 10 replies
Hi Daniel,Refinancing out of a high-interest bridge loan can be challenging, but you have a few potential options based on your equity, tenant situation, and FICO score.

8 January 2025 | 16 replies
That being said, with interest rates being higher now, I may not be able to find a turnkey property that makes financial sense.

10 January 2025 | 3 replies
In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.
12 January 2025 | 10 replies
I'd recommend a HELOC for your situation, especially since there is already good equity in the project.

10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

8 January 2025 | 5 replies
He has an online network called Financial Friends Network.