
8 August 2024 | 6 replies
So if they are leaning towards more protected, private credit type offerings, then you will have an easier time raising.

9 August 2024 | 10 replies
The LLC is created to protect your personal assets and to separate your personal business from your investment business.

7 August 2024 | 1 reply
I’d love to start a discussion on Risk Management in Fix-and-Flip Projects and share some insights from my perspective as a lender.Having clear and detailed loan agreements protects both parties.

7 August 2024 | 73 replies
These are players like invitation homes, american homes 4 rent, some even bigger institutional players like key points.

8 August 2024 | 27 replies
Ensure all your screening practices comply with Fair Housing Laws and other legal guidelines to avoid potential legal issues.Improving your tenant verification process can help you find more reliable tenants and protect your investment.

10 August 2024 | 14 replies
A lot of times the lender offering the best rate up front will not care about meeting your contract deadlines or protecting your earnest money or even actually closing the deal.

8 August 2024 | 1 reply
It was said that the 2019 Tenant Protection Act has a negative effect on the number of rental units in some low-income cities (to the tune of 15%).

5 August 2024 | 9 replies
Howdy Folks,I want to create options for my sellers moving forward to help ease them into the possibility of providing private seller financing for buyers.I have come up with a list of 3rd party loan servicing businesses, but I also want to provide a software option where the seller can more directly manage the loan.First, let me share the list of 3rd party servicers (please let me know if an awesome player in this space is omitted):Evergreen Note Servicing | Note Servicing Made SimpleFCI Loan Servicing - Loan Servicing Programs for Lenders of any size.Loan Servicing - Weststar MortgageNoteSmith HomeMortgage & Note Servicing - Note Servicing CenterWelcome to Statebridge - Statebridge CompanyLogin - AlliedServicing CorporationI really have not found any good software solutions that would fit well with a seller who may have just one private loan to manage.

9 August 2024 | 184 replies
If a buyer doesnt want to pay an agent and goes directly to the seller, their interests are not protected.

9 August 2024 | 20 replies
Renewal of previous leases are $300/year, roughly, but - also according to the salesman - they keep tenants in-place 3-4 years on average.Other than those miscellaneous charges, they do have two interesting "guarantees": 1) a $5k eviction protection guarantee, and 2) another $5k in rental income guarantee - which I'm sure was something that stemmed from property owner's concerns during COVID.Overall from what I've seen/heard, Mynd seems like a great company if you want a full hands-off or out-of-state managament approach.