
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!

2 December 2024 | 21 replies
One is a DSCR loan that covers 5 properties (also a 30-year fixed...at 3.75%!).

5 December 2024 | 12 replies
This usually covers contracts, promissory notes, deeds of trust, and other necessary legal paperwork.

3 December 2024 | 5 replies
Also, if you're a serious end buyer and can cover the first part, that would save a step.

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.

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.

1 December 2024 | 9 replies
., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

4 December 2024 | 6 replies
I suggested that the agent represent themselves --- that suggestion started a lively discussion on the subject of self-representation on real estate deals.Do you self-represent on real estate deals where you are the buyer/seller?

4 December 2024 | 25 replies
Reason being, if something goes wrong, the PM is covered (and so are you) by the plumber's insurance and license.Apparently, this is around the same price other people around the US are paying.

9 December 2024 | 23 replies
Each time I saw this, it was that person B refused to take action because they wanted person A to cover all costs.