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17 December 2024 | 29 replies
Though your screening process, do you think your tenants stay longer?
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10 December 2024 | 3 replies
Pro:- it’s trained to look for safety risks, expensive repairs- within minutes analyzes entire disclosure packet of hundreds of pages- works as another set of eyes that looks for things you should be watching out for, likewise of a companion - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)- beta is freeCons:- still in beta- can’t share report directly unless copy and paste- only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa- estimates it provides aren’t accurate- not mobile friendly
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13 December 2024 | 11 replies
If you work with the same lender that may speed up the process but expect a typical 30+ day closing.
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10 December 2024 | 2 replies
I am reaching out to experienced flippers to help me make the process as smooth as possible.
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10 December 2024 | 2 replies
I agree with a strong property management plan, but I find the screening process is paramount.
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11 December 2024 | 5 replies
The worst thing you can do is inherit a bad tenant and then you'll have to go through the eviction process.
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10 December 2024 | 6 replies
Seller Financing I am the buyer with 30 days to purchase the property and want to simultaneously market it as rent-to-own, how can I structure the process effectively:Can I structure the deal this way, so I can secure a tenant-buyer while working to close on the home myself, minimizing my risk and creating a win-win situation.
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15 December 2024 | 59 replies
When I go through with this strategy in the future, I will be doing a thorough vetting process to try and avoid unnecessary headaches.
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11 December 2024 | 13 replies
Process this, and be take the next steps wisely.
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9 December 2024 | 9 replies
If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.