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14 July 2024 | 16 replies
We didn't expect the fact that insurance should cover short term rentals but raises a red flag for lending during the 30-60 day period after closing where they make sure you're not using the home as a rental.
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13 July 2024 | 20 replies
On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?
13 July 2024 | 1 reply
I am not aware of the zoning, don't have enough contacts here so I figured Its better for me to focus and start with renting ideally to get my hand on RE.Regarding my finances: Last 2 years had some small private biz (1099).
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10 July 2024 | 0 replies
Hi there, curious if anyone local to OKC or an investor in the area knows of a website or has docs in regards to various zones/area codes and what their ratings/scores are in and around the OKC area. i.e. zip code: 01456 Grade: B-.
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11 July 2024 | 7 replies
A wholesaler contacted me about this house they have under contract for $205,000 that they want to close on within a week for $220,000. The house is in my hometown, I'm very familiar with the area. The house is easily...
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14 July 2024 | 5 replies
Consider using tools or software for property management that can help to automate the procedure.In the Bronx, become familiar with the zoning and leasing restrictions.
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12 July 2024 | 3 replies
HUGE red flag.
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12 July 2024 | 17 replies
Negotiating a security deposit amount is not a red flag for me, especially with over $10K in estimated moving expenses (professional movers) and move-in costs (1st month and security).
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9 July 2024 | 4 replies
It's currently zoned commercial and in a high traffic area.
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12 July 2024 | 16 replies
Be very careful when calculating for a refi or sale- recent zoning changes have been confusing and ridiculously restrictive for student housing- some properties are $50k for a reason, run- it looks... bleak.