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25 July 2024 | 7 replies
These have deadlines associated with them, so make sure you follow those.
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25 July 2024 | 20 replies
I am assuming you closed through escrow, used a standard real estate contract and met the deadlines described in those agreements.
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23 July 2024 | 0 replies
Managing the $73,000 renovation budget required careful oversight to stay within financial limits and meet deadlines.
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26 July 2024 | 37 replies
It sucks to live in a job site, but you can go slow and conserve cash as opposed to renovating the entire place on a deadline to get it rent ready.
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24 July 2024 | 7 replies
(and I have full time job so time is limited)Here’s a breakdown of my investment plan–I would greatly appreciate any guidance and recommendations on making this (or some version of this) happen.PropertyLocationAttributesB-level areas (A-D scale)Safe enough for my girlfriend to feel generally safe walking alone in the eveningWalkable neighborhood / close to transit (car ownership not necessary to live there)Area(s) of interest (not set in stone)Jersey City areaConditionB or C-level (A-D scale)Semi-distressed with potential for minor rehab upgrades ($35k max)DealbreakersFoundational issues / big required rehab due to FHA 203(k) max for streamlined versionSize2-4 units (higher the better)2-4br per unit preferredMax Budget (FHA loan limits)NYCSingle-Family Home: Up to $1,089,300 + 3.5%Duplex: Up to $1,394,775 + 3.5%Triplex: Up to $1,685,850 + 3.5%Quadplex: Up to $2,095,200 + 3.5%Hudson County, NJSingle-Family Home: Up to $1,149,825 + 3.5%Duplex: Up to $1,472,250 + 3.5%Triplex: Up to $1,779,525 + 3.5%Quadplex: Up to $2,211,600 + 3.5%TimelineTitle in-hand latest: Jan-Feb 2025Can potentially buy earlier if I sublet my current apartment in NYC as needed (lease expires Mar 1, 2023)Rehab: 30-45 days max of minor rehab/renoMove-in: on or before Mar 1, 2025 (hard deadline)FinancingLoan type: FHA or FHA Streamlined 203(k) for rehab <=$35kPossible conventional loan if I seek investment from family/friendsApproval statusGoal is to get pre-approved now in advance for credibilityMy statsEmployment: Full-time at large bankIncome: low-mid 6 figuresAssets: low-mid 6 figures (including 401(k))Credit score: 800DTI: 2.5% (student loan)Thank you in advance for your support.
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22 July 2024 | 19 replies
However, I’d think most contracts have a deadline for performance where you can then terminate and get your earnest money deposit back and move on.
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20 July 2024 | 0 replies
I found one is Sonora CA who is willing to do this, but I have to negotiate with Safeco to get them to allow this exception to the July 1 deadline; however, I would not have needed the exception if I'd gotten the Non-renewal notice in time.Thanks in advance for your suggestions !
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20 July 2024 | 16 replies
Looks like March 31, 2018 was the deadline for 2019 appeals with the city of Philadelphia.
18 July 2024 | 7 replies
They likely missed their deadlines or the tenant is an expert at gaming the system.
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17 July 2024 | 4 replies
Unless you have your taxes sitting on their doorstep 60 days before the filing deadline and make some noise about, “I expect for my taxes to be ready before the deadline”, they probably won’t be.