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20 August 2024 | 81 replies
That's where I would focus, not on BK or short-sale, those are X-Y-Z level plans and I'd focus on D-E-F first BUT.....
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13 August 2024 | 7 replies
Your loan will be capped anywhere from 65% ARV to 75% ARV and that will depend on lender, credit, experience, deal spread, risk.In that deal cap you have guidelines like borrower can get 80% LTV is their experience is X and credit is Y, and they can get 90% LTV if their credit is A and exp is B.
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11 August 2024 | 7 replies
The old saying “it’s a numbers game” real;y applies here.
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10 August 2024 | 4 replies
Hello! I'm Evan and I've been reading about real estate investing (and other personal finance books) over the summer and I have learned alot and would like reach the seventh level of wealth via real estate. For the ...
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10 August 2024 | 8 replies
In theory you could also recover 1/6th of the CAM costs, too, but in my very limited experience with mixed use, the first floor commercial could very well push back on that, since they very well may not be utilizing almost any of the common area, depending on building layout.CAM would come from any number of places, commonly:Cleaning and utilities for any common lobby.Window cleaning for the buildingParking lot maintenanceLandscapingCommon HVAC maintenance, i.e. if a single furnace heats multiple spacesUltimately, you will want to be talking with either a commercial leasing agent or an attorney that specializes on commercial leases.One thing to note, while NNN leases are generally great, there is certainly work for you on a semi consistent basis, in creating the monthly escrow amounts and annual reconciliation.
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12 August 2024 | 21 replies
I made my decision based on the fact that a) $5800 for a 90-day program was something I couldn't afford; b) $5800 for a 90-day program seemed VERY fishy/scam-y/pyramid-y to me; c) after scouring the internet for information, reviews, etc about the program, I found literally ZERO bad or less than 5-star reviews about it which - to me - is a massive red flag; no program, product or service is perfect, and the fact that they are making themselves appear as such really gave me a bad feeling about the program.
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19 August 2024 | 3705 replies
Y son will be attending college soon and I want to be on the same coastal area in case I need to fly to him.
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9 August 2024 | 13 replies
Pros could be: Clean water + tub for each guest; on a well, so no water waste concern; can make it design-y + cute; can be used winter (hot water) + summer (cool water); goes better with forest location of the home than a traditional hot tub might; will hold same number of guests as hot tub would (2 people in each tub).In researching I have seen some people on Airbnb have these checked in amenities as 'hot tub', some 'private hot tub'.
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7 August 2024 | 13 replies
I can't count how many times I met with a seller and said my commission is X% (and I'll pay the buyer's agent out of that), and they replied that so-and-so says they only charge Y%.
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6 August 2024 | 12 replies
It's hard to do as a motivated 18 y/o but it will actually help you!