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11 November 2024 | 12 replies
The transfer tax you typically need to complete a form showing what the property sold for.
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11 November 2024 | 5 replies
Although not a big deal, my tenant that is renting my property through THD is typically more demanding with an attitude of "I don't care, the insurance company pays for everything".
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13 November 2024 | 13 replies
Whereas a bandit sign will typically be vaguer and suggest “we buy houses,” personal property signs will state the home is for sale.
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11 November 2024 | 6 replies
I'm not a lawyer, and you can speak to an attorney about this, but in my experience people are typically thinking that putting their property in an LLC "protects" them.
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11 November 2024 | 11 replies
OR, if they are investors, they have much more experience than you do, so can bring in outside money.That being said the typical way of using OPM (other people's money) is first, borrowing as much as possible.
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13 November 2024 | 23 replies
If you are seeking a more traditional DSCR type loan, then typical guidelines apply; Credit, Liquidity, and Experience.
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12 November 2024 | 8 replies
While I read reviews, I typically use it to remove those that I would not invest in, meaning does the sponsor have a bad reputation.
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10 November 2024 | 1 reply
Keep in mind that condos are typically a more affordable housing option, resulting in more long-term residents.
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14 November 2024 | 21 replies
It is typically, raise the rent close to market rent, maybe $150 less, and if we turn the tenant over then we rehab the property and get full market rent.