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1 December 2024 | 91 replies
If you do not have 300k income you are not even allowed to participate at Accredited-Investor only Investment.It's just matter of time until the authority comes and investigate more private investment that involves public/investors money.I am also involved in certain clawback litigation against previous quite-famous-syndication that was under SEC receivership now.It's fun to watch how the GP has to sold all their Rolex watches to bring back the money back to investor.
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17 November 2024 | 6 replies
Also, conventional will allow PMI to go away after some time (20% equity).
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15 November 2024 | 5 replies
However, since I was already negotiating with them, they allowed me to accept the newly posted price within 24 hours, which I did.Now, I have two options: I could fix and flip it with an estimated $200K rehab for an ARV (After Repair Value) of $825K, having purchased it for $465K.
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15 November 2024 | 17 replies
I also use Pricelabs, which takes some configuring up front, but I have it set to only allow monthly stays up until about a month in advance.
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14 November 2024 | 8 replies
We don't allow people to apply before viewing the property.
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15 November 2024 | 13 replies
They collect the rent, deduct their fee and any other expenses they are allowed/required to pay on your behalf, then they distribute the remaining funds to you.It's critical that you review the property management agreement and understand what you agreed to.
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14 November 2024 | 22 replies
Higher down payments, adjustable rates, but it would allow you to leverage instead of paying all cash.
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18 November 2024 | 27 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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19 November 2024 | 23 replies
Marketing and Advertising: A property manager has the resources and knowledge to effectively market and advertise rental properties, attracting prospective tenants and reducing vacancy periods.In summary, hiring a property manager can streamline operations, enhance profitability, and provide peace of mind for you, allowing you to enjoy your investments rather than being bogged down by day-to-day management tasks.A property manager will give you more time to expand your investment portfolio.
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15 November 2024 | 13 replies
If you don't allow someone to access the property when they paid to do so, that sort of thing.Negligence is when you don't make a repair and someone is injured.