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26 November 2024 | 12 replies
I would consider selling a property to pay off the credit card debt.Maybe your husband can manage the STR listings and potentially do the cleaning.Best of luck
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27 November 2024 | 7 replies
I have just divided fuel on 12 units to separate meters and told my tenants they are responsible for the fuel accounts only to find out that 2 of the 12 have had their credit decrease since renting and the fuel company won’t do business with them.
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26 November 2024 | 17 replies
I have really good income & have good credit -middle score is 768.
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30 November 2024 | 11 replies
Area, tenant use, tenant credit (i.e. only Moody's BBB or better guarantor credit).There are a lot that can vary in NNN, just like any other real estate.You have market risks: FL has another hurricane coming, CA has earthquakes and wild fires, the midwest has anemic population growth.You have some location risk: is building on hard corner with signalized access or buried mid-block with no turn lane?
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10 December 2024 | 100 replies
Discount brokerages are notorious for having longer DOM and poor listing quality.
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26 November 2024 | 12 replies
hi @Alvin TaverasMortgage Broker here, i've been referring clients out to Credit Unions for their HELOCs. we have a handful of lenders that can do them, but i'm finding the juice is not worth the squeeze in the broker/ wholesale world.
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26 November 2024 | 16 replies
However, it's nicer as you don't have to deal with lead certification laws that are all wonky and poorly enforced.
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27 November 2024 | 9 replies
In addition to brokers, I would also suggest speaking to 1-2 regional banks/credit unions.
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27 November 2024 | 7 replies
Since they do not require closing credits and you do not draw on the funds nor pay for the debt until you take the draw of the HELOC it is best to get started on it now so you have funds ready.
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20 November 2024 | 13 replies
I just write the property address on the receipt.I couldn't fit a different credit card for each property in my wallet.