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18 July 2024 | 4 replies
Also, who is to say you can't find a steadily appreciating multifamily in your area to buy and then use that income to help you move out to the front range and begin your real estate education out here?
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17 July 2024 | 12 replies
We make sure the airbnb guest codes don't go live until our exact check-in time each day unless the guests specifically request an early check-in - this makes sure our guests don't try to get in early before the apartment is ready.My only knock on the locks is that their wifi range isn't super robust, especially if the wifi signal has to travel vertically between floors to get from the router to the lock.
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16 July 2024 | 5 replies
residential either stabilised properties or fixup for their own price range 1-4 properties
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19 July 2024 | 100 replies
Because dual agency is an impossibility (I’m a lawyer) and if I want to see one property I don’t want to be tied to an agent simply because I wanted to see a different property.The listing agent’s fiduciary duty to his seller client should be sufficient for the listing agent to just do a no agency showing agreement with the potential buyer.
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17 July 2024 | 5 replies
If no U.S. credit score, a lender will assign a mid range one-I've seen programs assign a 680.
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14 July 2024 | 12 replies
Mainly because FHA has a “self-sufficient” rule when purchasing a 3-4 unit property.
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16 July 2024 | 4 replies
There are DSCR lenders that do not use a market rent 1007 and will use rent range to determine the rents.
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16 July 2024 | 41 replies
Judicious use of leverage (debt) when the property will still cash flow positive after debt service; when there’s enough equity left in the property to refinance if advantageous, and when sufficient reserves are held to cover vacancies, recessions, and unexpected repairs5.
15 July 2024 | 4 replies
That is why for normal yearly increase I try to stay in the 1-3% range with a max of about 5%.
15 July 2024 | 2 replies
I currently have a $2 million umbrella policy and would like to get a policy that will cover me in the $3 million to $6 million range.