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20 July 2024 | 1 reply
The seller was a foreign landlord who was behind on a few years of taxes, and the property was in C5 condition at the time of initial appraisal.
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22 July 2024 | 24 replies
I initially looked at doing a 1031 exchange of all my Indianapolis properties but the timing would have been difficult.
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17 July 2024 | 2 replies
Specific for the Atlanta Housing Authority, you have to attend the landlord/property manager training session to even accept a section 8 tenant.
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20 July 2024 | 11 replies
In spite of all that work we discovered that the hot water heater didn't work (they didn't bother to replace a $300 water heater that their initial 4 point inspection stated was original to the house (1983).
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22 July 2024 | 37 replies
I typically fill my vacancies in the initial open house asking at the high end of market rent.
19 July 2024 | 4 replies
Most hard money lenders will cut the initial loan amount on the purchase, if the rehab is self funded/financed.
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21 July 2024 | 11 replies
My realtor said that initially he thought the ARV for my building would only increase by about $60K but that if I held over the long term eventually I would get the value.
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20 July 2024 | 13 replies
I know which product that you are referring to. the conventional mtg product has the following features. 1. minimum 15% down payment 2. 30 yr fixed term 3. rehab and repairs can be included in financing 4. borrower can be a first time investor. 5. no prepayment penalty. 6. the contractor will receive an initial draw at the closing table. 7.
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19 July 2024 | 6 replies
Base Rent Triple Net Leases are generally longer term in nature, between 5 and 20 years of initial term with options equal to the initial term.
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20 July 2024 | 15 replies
I'll jump in here with some actual usage data.I have 250 units on stayfi and have been running it for a couple of years now.I initially got it to simplify my wifi login process...