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18 July 2024 | 10 replies
My layman's understanding is that the date of recording a deed (or any other document) is not the date when it is considered effective.
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19 July 2024 | 15 replies
Make sure you are staying in touch with your lender and respond promptly to any requests for documents.
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17 July 2024 | 9 replies
I am trying to avoid the many fees: document fee, admin fee, attorney fee, BPO fee, underwriting fee, etc.
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19 July 2024 | 23 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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17 July 2024 | 7 replies
As mentioned above this means separate bank accounts, no commingling of funds, documents executed in entity’s name.
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16 July 2024 | 8 replies
The first thing that us non-lawyers need to understand is that this is an open interpretation document.
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16 July 2024 | 1 reply
Having engineering plans and calculations can streamline the permitting process, as many local authorities require this documentation for ADU conversions.I can't give an invoice estimate as I am not well versed in how engineers price their work, but I would assume something around $5,000 for engineering services on a project of this size.
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19 July 2024 | 53 replies
I was recently referred to LendingOne by a fellow investor and just wanted to share my experience thus far as I feel there's a lot of marketing bait and switch happening with lenders that advertise terms and loan structures...Our past and current project: We do buy-rehab-refi-hold (airbnb) rentals, not regular rehab flips.First off let me start with the things I think LendingOne excels at:Nice dashboard to upload and store all your documents to track how the loan process is coming along.
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16 July 2024 | 6 replies
The evictee will be in there giving great advice if anything doesn't work out...It's important that you document what you screening criteria are (a policy) and stick to it.
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16 July 2024 | 3 replies
Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)