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14 September 2024 | 4 replies
Some savvy flipper reconfigured the upstairs to add a bedroom but in the process, closed off most of the attic, leaving only a crawl space that did not even allow access to the entire attic!
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13 September 2024 | 3 replies
My question: If we want to have a tenant in place on or around Oct 1, when should we begin advertising?
16 September 2024 | 9 replies
Maybe access the equity via a cash out refi (check the after refi cash flow).
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15 September 2024 | 19 replies
But it will be complicated by different factors such as flood zone, topology, conservation area, easements, access to roads and more.Zoning - check the code and check site zoning.
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18 September 2024 | 19 replies
Is your current PMC advertising the property with minimum credit scores?
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16 September 2024 | 12 replies
I would suggest you build up a bit more liquid assets just to diversify and also have assets you can quickly access if needed.
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14 September 2024 | 20 replies
@Sam FaasI have found that advertised seller financing deals usually are overpriced or the terms are not favorable; i.e. high down payment, short term or high interest rate.
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14 September 2024 | 26 replies
When I see a property starting to underperform, as the manager I have to run the data to figure out why and then make adjustments whether is lack of amenities, need updated photos, replace a couple pieces of dated furniture or increase my focus on advertising that property specifically.
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15 September 2024 | 22 replies
You need to be talking with a broker who has access to a bunch of lenders vs a lender who only has a couple of DSCR outlets.
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15 September 2024 | 10 replies
It's one of those necessary steps that can be a hurdle, especially if your funds are tied up or you don’t have immediate access to liquidity.Here are a few strategies I’ve seen work for those in this situation:1.