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1 October 2024 | 2 replies
On another 10-unit mixed-use property in a nearby coastal town, we carry hurricane and earthquake insurance, in addition to O&L (ordinance & law) supplemental coverage.
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27 September 2024 | 1 reply
I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.
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1 October 2024 | 7 replies
It's tricky every country has its own rules, regulations, eminent domain laws, corruption sometimes, different types of property taxes and becomes challenging even if your duel citizen.
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30 September 2024 | 1 reply
I regularly attend workshops and seminars to stay updated on industry trends and best practices.
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27 September 2024 | 2 replies
Im an out of state starting out investor. 1. on the realtor contract when renting property Is anyone concerned with words used like “otherwise”?My understanding of it means anything can be applied in its place.2. When...
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1 October 2024 | 12 replies
Its possible, but maybe not likely and your state's laws may differ of course. 6.
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1 October 2024 | 9 replies
My practice is to send a .pdf copy of only the first one or two pages of the DU showing approval only and strength of qualifications such as Fico Score etc...
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1 October 2024 | 16 replies
Here is an example of a recent project I was able to fund.Purchase Price- $35,000Rehab- $30,000Arv $100,000We funded $25,000 @ purchase and $30,000 for repairs for a total loan size of $55,000.If you're living in the midwest I think that there are great opportunities to purchase 2 to 4 unit properties and rent them out I would stay out of Illinois the tenant laws are not favorable to you as a landlord.
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1 October 2024 | 9 replies
I know CA has a lot of rules/laws but in FL to start out I would incorporate, get EIN, get banks set up and then you are in business.
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1 October 2024 | 4 replies
The thought by joining is to get updates on local laws, disclosures, and overall market conditions.We know that markets are hyper local, so having knowledge as to what's happening might be beneficial to how we invest.