Matt Wan
Can I buy a property without being physically present for any part?
17 January 2025 | 16 replies
If I have to buy a last-minute ticket or spend $1,000 or so for notarized signatures at a consulate, then it has a significant effect on my choices.
Andrew Slezak
Quitclaim to LLC?
4 January 2025 | 4 replies
There’s normally action items that can be implemented into your management process that are more effective.
Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
@Thomas Farrell The BRRRR strategy can be effective with $400K in capital, especially in a market like Augusta, GA, offering affordability and rental demand.
Collin Hays
I fired dynamic pricing today
2 February 2025 | 20 replies
By focusing on real-time data, Nightpricer allows us to fine-tune pricing strategies more effectively and maintain a competitive edge in the market.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
The sooner you regain control, prove that you fully intend to enforce the terms of your lease, and that you will not be 'played' by their recall of events or documents, the more effective this action will be.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
These types of properties require experienced management to navigate the challenges effectively.
Dwayne Rowe
Accessing equity from multiple properties
31 December 2024 | 11 replies
It's a domino effect.
Scott Johnson
Scammed by "Estate Legal"
31 January 2025 | 20 replies
I believe in this so strongly that I have even once confronted a large advertising client about this issue when I discovered they had language to this effect in their terms of use in the past, and asked them to change their policy, at risk of material revenue loss to our company.
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
Don't know how to analyze a deal effectively?
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?