
15 July 2024 | 7 replies
I may be able to help you identify quality contractors, etc.

13 July 2024 | 6 replies
I'm also curious about this particular attorney - his book on the real estate law and asset protection in Texas is outstanding!

13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued

17 July 2024 | 20 replies
We searched for several months for a quality manager and are about to bring the individual on-board now during renovations and licensing as you suggest in your post.

12 July 2024 | 5 replies
When evaluating property management services, pricing is often a primary consideration. However, I'm curious about your approach: What factors would you weigh when deciding between managing your own property versus hi...

12 July 2024 | 14 replies
An up to date tenant quality map would really help me make better decisions as I expand; I'm 100% remote from several states away.I plan on expanding my Akron and Canton holdings, but I might be convinced to start picking up properties in Cleveland too if the numbers work better with similar levels of managed risk.

15 July 2024 | 17 replies
It's on YOU to validate and be confident in everything - ARV, monthly rent, quality of neighborhood.

14 July 2024 | 6 replies
This ensures that your primary mortgage is settled, helping to alleviate the immediate pressure of foreclosure.Credit Line Payoff:In addition to paying off your lender, the refinancing solution also allows for cash out to address your outstanding credit lines.You can receive up to $15,000 per credit line, with a maximum of 9 credit lines eligible for payoff.

15 July 2024 | 19 replies
Interview a few PMs with high quality questions; get a feeling of where the rental market is going, how it's going and everything in between.

18 July 2024 | 40 replies
You're better off.If you want to actually own an asset, start focusing on the quality of it and not think about how to stretch yourself to get into the barrier of entry.