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10 December 2024 | 36 replies
It depends on the lender.
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7 December 2024 | 15 replies
It really depends on how many units you manage, where you are listing them, and what features you need/want.
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7 December 2024 | 35 replies
@Ash Gowda - typically a 1.3-1.35 dscr. 5/7/10 (all dependent upon the lease term and re-ups); Rates fluctuate but for now from low to high 6's fixed.
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4 December 2024 | 1 reply
I think it really depends on if you are able to increase that cap rate with value-adds post acquisition.
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1 December 2024 | 68 replies
We are offering a 2% bonus on top of the existing pay structure or terms, which means that instead of 12% or 15% per year paid monthly, it will be 14% or 17% interest paid monthly on those promissory notes,” ( Link ).Translation?
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5 December 2024 | 7 replies
Obviously anything can be negotiated or it depends on what you agreed upon, but what do peers in the industry consider acceptable for this and whats considered unreasonable...
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5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
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6 December 2024 | 11 replies
And this also may be state dependent, as my FL property is covered under a different carrier who has different available maximums for liability.
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8 December 2024 | 12 replies
You don't need to do section 8 to make positive cash flow, but I guess it depends how much positive you want.
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9 December 2024 | 23 replies
However, this also depends on their ability to prove your neighbor negligent, and the overall cost of the claim.