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30 July 2024 | 6 replies
I know in Washington state a home owner can do their own work including electrical and plumbing, but as you pointed out has to live in the property for 1 year after completion.If you get licensed as a contractor (in WA state it takes some paperwork, filing fee and insurance/ bond, no test, no experience etc.. ) Then you do the work under you contractors license and no holding period needed.
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31 July 2024 | 3 replies
When you meet with the contractors, make sure to have them help you understand what you have, what will be required to repair and maintain what you have, and what you should be budgeting for future capital improvements, if needed.As we go through DD, we are also putting together the strategy for the park, performing our rent survey, running our test marketing to understand the demand in the market, and creating the budget for the project.All the best,Jack
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31 July 2024 | 2 replies
In my market, agents/investors/wholesalers pitching creative financing get this objection as well.They typically have a 2nd offer (usually much lower purchase price) for the owner to be able to accept now and cash out.
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31 July 2024 | 5 replies
How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip?
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29 July 2024 | 11 replies
Definitely do some testing to see which software best fits the needs of your business.
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1 August 2024 | 22 replies
Ask them for a copy of their purchase agreement and have it reviewed by attorney to see if the terms are acceptable to you.5.
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30 July 2024 | 23 replies
Although during an audit, a cross auditor with an unpleasant attitude, or who for some reason dislikes the client, or is just having a bad day might disallow it- causing either a fine or going to court making the client pay for that (And no one wants to be a test case $$$$$$).
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30 July 2024 | 8 replies
@Richie Linnon if the unit needs renovation, which is likely with someone there that long, perhaps plan to give tenant 3-6 months’ notice as it will possibly be difficult and stressful for them to find something in their budget and they may need time to apply for and be accepted into assistance programs.
29 July 2024 | 3 replies
Is hookah generally acceptable?
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1 August 2024 | 71 replies
So in a way, I feel we have stood the test of time and that in itself would prove our trustworthiness per se.