
26 December 2024 | 13 replies
.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you.

27 December 2024 | 4 replies
Another question is… Which option would be better to cover the missing mortgage payments: a HELOC or forbearance?

28 December 2024 | 7 replies
Are you using a 20-35% down payment when evaluating point 3?

27 December 2024 | 12 replies
This section of the guide helps me to better understand how you can use the www.mysmartmove.com in conjunction with other forms of background checking:The Tenant Credit Report: The tenant credit report will contain a wealth of information related to the tenants credit history, including a detailed list of all the tenant’s open or closed credit cards, car payments, monetary judgements, late payments, and more.

26 December 2024 | 2 replies
Take a copy of the lease, payment history and if you have one your receipt book.

21 December 2024 | 11 replies
Does NOT mean you will NOT cashflow right away but most of the time in San Diego you are buying to ADD value, raise rents and finding other opportunities to raise your cashflow like; add AC, laundry, storage, etc.

27 December 2024 | 2 replies
If My father and I use the heloc to fund the repairs; I'm concerned to have payments on a heloc as well as giving up all the cash flow for a period of time.

26 December 2024 | 10 replies
Some other banks will tell you 40% to manage your expectations but if you have a good credit and a the deal makes sense, the down payment shouldn't be above 30%.As to the managing of properties, if you can self-manage out-of-state in the US, there are no reasons as to why you couldn't do it internationally too and some investors do.

23 December 2024 | 8 replies
Quote from @Victor Correa: It’s Mobile Home with Land I’m taking over both land payment and Mobile Home payment and right as of now is considered personal property but you just open up my eyes and I’m thinking what we can do is convert into real property and then transfer the land and that way it’s attached to the land Your thoughts?

24 December 2024 | 23 replies
Multifamily is the most common one, but some groups also do self-storage facilities, student housing, commercial properties, and others.3.