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31 May 2024 | 11 replies
Is there any special consideration for taking the security deposit from current manager?
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29 May 2024 | 22 replies
I had a call yesterday with a rep that made me feel confident, but not quite ready to pull the trigger just yet until getting more verified reviews of their track record of returns and service.
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30 May 2024 | 6 replies
I've heard multiple people on the podcast say to just jump in, but I want to make sure my idea is sound before making any moves.Thanks in advance for your time and consideration.
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30 May 2024 | 17 replies
Here in Oregon the beginning of the year (Jan/Feb/March) foot traffic typically slows down considerably.
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29 May 2024 | 7 replies
The Closing Disclosure fees cannot be higher than an initial Loan Estimate, otherwise this will trigger a cost to cure and the lender must take the hit.
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31 May 2024 | 31 replies
In many areas, I think some of those considerations and regulations are warranted, since those areas are zoned exclusively residential, are filled only with sfr's, and an str is a commercial endeavor.
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29 May 2024 | 2 replies
Hi All,I would appreciate thoughts/ considerations/ cautions for analyzing a mixed use property that has a duplex with a regular apartment next to a small storefront that's soon to be vacant?
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31 May 2024 | 33 replies
Someone who I respect (from @Sharon Vornholt's Probate Investing Simplified program) is a Rhino member and one of the reasons I gave that group the credibility to start checking it out.I still have not decided to pull the trigger, but do understand that $50 can be a lot of money if you don't get a return and $5000 can be nothing if you get a great return.
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29 May 2024 | 3 replies
For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.
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29 May 2024 | 10 replies
The second consideration is that students or rather their parents are willing to pay for the newer nicer properties with more amenities.