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22 May 2024 | 15 replies
You step in and offer them a creative finance solution that looks like this: (these are real numbers btw):Seller asking: $275,000 for 3/2 Single family split level, 1400 Sqft, with bonus room in basementYour Seller Finance terms as follows:Down payment: $20,000 cashSeller carry back financing amount: $255,000Terms: 5 or 7 year note with balloon @ 2.75% (or any negotiated terms here)Principal & interest: $867.61 per month (wow!)
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26 May 2024 | 102 replies
There's also a fair number of folks I've seen that have 1-5 units, hit a rough patch where they have to put in some work and want the "passive" income they heard about, but anyone with experience knows is not a true premise.The syndicators promise the solution to bad tenants, midnight plumbing issues, etc.
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20 May 2024 | 3 replies
We just supply the location and they do the marketing Automated, White Label, Copper, and Freedom are probably a few that I'd chat with about third party management.
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22 May 2024 | 1 reply
And to make this process more efficient, we must stay abreast of design trends, workplace innovations, and ergonomic solutions that can enhance the functionality and appeal of our commercial properties.Updating Yourself with Economic Conditions and Political Changes: Stay informed about macroeconomic indicators such as GDP growth, employment rates, inflation, and interest rates, as these factors can impact overall market stability and investor sentiment.
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21 May 2024 | 2 replies
I offer homeowners a contingency plan best on their family needs and their times it is not in their best interest or best solution where they may need either sell their home to an investor for a discount or in market value.
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21 May 2024 | 19 replies
Easy solution: get licensed.
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21 May 2024 | 3 replies
Home insurance won't cover a lot of system failures like electrical.Home warranties are designed to make the warranty provider money; they are slow to respond, quick to reject claims, charge you a trip fee for every visit, use the lowest-cost vendors that provide quick-fix solutions, and are generally not worth the paper they are written on.
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21 May 2024 | 3 replies
The only options that seem available to us are add the parents to our application, remove either parents or wife from the duplex, or in the future put the rents all in my wife's name which might negatively affect my in-laws.You guys are my Hail Mary, hoping you can spot a solution I'm missing!
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21 May 2024 | 10 replies
You could reach out to an eviction company like Landlord Solutions, Inc to assist with this process if it comes to that.- Consider a Cash-for-Keys Agreement: To avoid the lengthy eviction process, you might offer the female tenant an incentive to leave, known as a “cash-for-keys” agreement.
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20 May 2024 | 0 replies
Big problems call for big solutions & commercial conversion is a great solution for workforce housing in resort areas.