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11 December 2024 | 68 replies
There's a lot of ways, just need to look at your overall financial picture and where your money is going and focus on the trouble spots.
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6 December 2024 | 9 replies
Listing it “as is” with a $25k rehab concession can attract these buyers.Consider these options:List on investor-focused platforms like Roofstock or BiggerPockets or Facebook Marketplaces, where you’ll find buyers who appreciate tenant-occupied properties.Network with local investors or REI groups in your area to find someone looking for a turnkey rental with upside potential.Hire a real estate agent experienced in selling tenant-occupied properties, but adjust your pricing to cover commissions if needed.Make sure to highlight the stable tenants and ADU potential—those could be big selling points!
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5 December 2024 | 11 replies
Do you know of any tools that can do a full end to end deal analysis, as well as looking at title, calculating cash flows, and giving a full picture of the investment potential of a property?
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2 December 2024 | 35 replies
The sustainability test is that 3/4 of units need to cover 75% of the mortgage from my understanding.
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4 December 2024 | 12 replies
Some potential clients like to have a clearer picture of the property before booking a visit.
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5 December 2024 | 12 replies
This usually covers contracts, promissory notes, deeds of trust, and other necessary legal paperwork.
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3 December 2024 | 5 replies
Also, if you're a serious end buyer and can cover the first part, that would save a step.
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4 December 2024 | 10 replies
You need to rewrite the entire policy.If it was insured as a rental under your personal name, then transferred to an LLC, the insurance carrier would pay covered claims.*** Please note, the claim check would be made out to the Named Insured (your personal name), not the LLC.
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3 December 2024 | 1 reply
Purchase price: $242,500 Sale price: $430,000 I used private lending to cover the down payment and closing costs, then paired it with a hard money loan to fund the project.
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1 December 2024 | 7 replies
Consensus of the feedback was cute in pictures horrible in person.