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19 July 2024 | 4 replies
In that case, it's important to check out the T-12 (trailing 12 months) financial statements.Looking at the T-12 is key because utility costs can vary a lot from one property to another.
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19 July 2024 | 17 replies
You should start at municipality,with title insurance claim, then try working with seller directly.After exhausting these I would be sitting down with an attorney and sharing the fully paper trail for closing and the follow up with each of the three parties above to file a suit to let the courts figure out exactly where liability rests.
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19 July 2024 | 36 replies
Drinking plenty of water and bringing along nuts/trail mix or a piece of fruit while out on the road has definitely been a plus in my experience.
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15 July 2024 | 7 replies
If you have a well-documented paper trail of problems, it would be hard to contest a non-renewal.
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10 July 2024 | 21 replies
Not quite as big and doesn't have the outlets, but it does have Loon which is arguably the premier mountain in NH and some very popular hiking trails.
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12 July 2024 | 12 replies
We do get a ton of couples (3 or 4) that ride the bike trail.
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8 July 2024 | 6 replies
Make sure you have more than enough time to do that and and be able to show a strong trailing NOI when you go into refi.
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8 July 2024 | 4 replies
I have a trailing collateral lien attached to my 1031 so the replacement property can not be a syndication, but can be a TIC if the other TIC member agrees to the collateral lien.
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9 July 2024 | 11 replies
I got one done at 65% LTV cashout and it was on a free and clear owned asset worth 900k that had 12 month trailing history on STR sites for 500k in rent, yes 40k+ per month.
7 July 2024 | 2 replies
For additional context, the property contains two renovated log cabins with various amenities, hiking trails, and a few outbuildings.