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25 September 2024 | 4 replies
This change makes it harder to use large deposits as a protective measure, which might explain part of the difficulty landlords are facing in managing tenant risk.As for the post-COVID surge in applicants with problematic rental histories, many landlords across Baltimore have noted similar patterns.
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27 September 2024 | 40 replies
The only logical thing I can think of is if the title company's fees weren't included in the estimates you were given, even then though 4k would still be significant for a title company to charge unless it was a very large loan.
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25 September 2024 | 14 replies
Overpriced and pain to deal with, especially with a large portfolio of properties.
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26 September 2024 | 9 replies
I don’t know how the IrS would feel about you writing someone a large check with no one declaring any taxes being due.
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27 September 2024 | 14 replies
Each is about the size of a large plastic container or shopping cart, and they mount right to the wall.
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25 September 2024 | 17 replies
In year 3 I went into cash savings mode and saved nearly 15K to purchase a large 4 bed 2 bath single family house which needed some work.
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21 September 2024 | 6 replies
The meetups are casual, networking focused, and roundtable in format.
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22 September 2024 | 1 reply
It is currently an Excel spreadsheet (which works best for it) but can turn into Google Sheets or Apple's Numbers also (although the formatting may be thrown off with those options for the graphs).
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24 September 2024 | 8 replies
Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction
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26 September 2024 | 11 replies
With the lower LTVs offered by senior lenders these days, it may be tempting to look at preferred equity and it may make sense since technically it is cheaper than LP equity, but also keep in mind they have a higher liquidation preference (obviously) but will often want all the cashflow (or a majority of it) to come to them before the LP investors and will also want large reserves, so make sure you model out the cashflows and understand the end-to-end deal with the preferred equity investors.We have some institutional investors with whom we did a combination of a pref and JV deal and it worked quite well for everyone including them and the LP investors.