
30 May 2024 | 2 replies
Any kind of remote work would be an option: Virtual assisting, social media management, website design, etc.

30 May 2024 | 3 replies
It's designed for individuals over 62 that want to stay in their home but otherwise can't afford to.

29 May 2024 | 1 reply
get more micro. we define a zip code as a market. there are about 7 zip codes in the city of columbus that we work in as well as about 15 in Miami. we look at the average housing unit delivered and try to develop under the median and average home or condo where there is a lot of absorption. that is mostly through smaller Floorplan design, smart floorplan design, etc. new construction and development you also have much more control over the overall development just my 2 cents. if you are just buying existing it's going to have some issues

30 May 2024 | 17 replies
For those STR operators and investors that are not comfortable self managing (communication with tenants, scheduling cleaners and organizing supplies) one option is to hire a designated full/part time employee.

27 May 2024 | 4 replies
I am interested consultation regarding the feasibility & design of developing rental cabin placement and/or RV campground/park.any recommendations as to whom I could reach out to regarding this?

29 May 2024 | 12 replies
hey @Shaydon Childersmost responses are right, this will be challenging for traditional DSCR as they dont like gift of equity; and seller credits would be capped (usually at 2% of your purch price) and only allowable to be applied to closing costs. i have one lender (specifically for 1-4 unit investment properties) which will allow for up-to 90% CLTV... and they are okay with seller financing so long as the seller is in 2nd lien position, allowing them in first lien position. they would max at 75% LTV on their 1st, with a 15% allowable seller-carryback (90% CLTV), and then up to 3% seller credits toward closing costs too. they offer 30 year fixed rates, however, due to the added risk for the lender, the rates are going to be much higher than the traditional DSCR loan.

5 June 2024 | 116 replies
the REI will be able to place risk controls by knowing how to analyze markets (not properties), understand how money works so they can develop and use multiple strategies instead of relying on just one, and understanding what a plan is, and how to design one for them,...and stick to it.

30 May 2024 | 10 replies
The amount of monthly income will depend on your goals and the rest of the deal design.

27 May 2024 | 1 reply
We plan to have designated broker-officers to facilitate transactions and referrals on behalf of our entity.

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.