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4 February 2025 | 9 replies
Buyers tend to like to be able to sit down with the seller and negotiate terms.
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4 February 2025 | 13 replies
You need someone to sit down and evaluate the entity from that standpoint, not just as it relates to income from the property after you got married (and Congrats on the recent wedding!)
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28 January 2025 | 11 replies
Have a sit down and talk to him.
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5 February 2025 | 13 replies
So we either sit tight or we don’t renew the tenant so that we can place a new tenant at current rates.
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21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
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22 January 2025 | 5 replies
I have the contract to use them sitting in my email now so I saw a preview of all the data and it's pretty incredible.
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23 February 2025 | 84 replies
well if this was remotely true I would pay the 35k and sit back let them do all the work and make my 200k a year.
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22 January 2025 | 14 replies
As always, read ALL the terms before you sit to close.
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18 January 2025 | 2 replies
This house sits on 5 acres in a 'ranchette' subdivision.
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25 January 2025 | 155 replies
Quote from @Jeanna Lichtenberg: Did anyone sit through the free online "live" webinar?