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20 May 2024 | 177 replies
The underwriting process will tell you if this is going to be a company that is fast and easy to work with or just a bank that slapped a fancy name on the sign outside.
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13 May 2024 | 19 replies
Investors with experience know how to dress a property well for a newbie investor and they try to unload a problem to you.
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12 May 2024 | 6 replies
And I love the final comment, classic case of if I use these fancy words, it'll make me seem like I know what I'm doing.
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9 May 2024 | 5 replies
--> Automates a lot of your expense tracking --> Much cheaper than most softwares/fancy sheets --> Will probably save you a couple of thousand extra on your taxes if you follow all the recommendations.
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14 May 2024 | 201 replies
Granted your costs are probably lower than mine, but luxury builds are minimum $250/ft2 here currently, and can easily go over $400 without even getting that fancy.
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8 May 2024 | 7 replies
Quartz makes sense for a high end unit/ fancy neighborhood where you can and will attract tenants willing to pay more for them.Repainting is often a no brainer, but could be based on the current conditions as to whether or it is needed.I agree with Melanie on researching the washer/dryer comps.
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9 May 2024 | 9 replies
@Lor Fara Great questions.Regarding Underwriting: That's is a fancy way of saying "running your numbers" (according to your pre-determined returns, criteria, or goal requirements).
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9 May 2024 | 28 replies
again, it's not "my" specific scenario. every year, OK gets hammered with storms and people's roofs get replaced that doesn't harm one's premium. my roofer was "able" to tie it to whatever storm they had on this fancy weather app they use and used it to submit the claim. was it really "that" storm?
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7 May 2024 | 3 replies
Option 1 will require experience and is just there for illustrative purposes, 2 and 3 (in the absence of experience owning CRE) will require that the borrower be local to the property (if you want the best financing available on your first rodeo, stay local and stay turnkey, your lack of CRE experience is offset by your presumed local neighborhood level knowledge, etc, you can get fancy & still get good financing once you've got local & turnkey property #1 under your belt).
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9 May 2024 | 107 replies
I got fancy with the title and called it HOW TO BUY MOBILE HOMES lol Writing a book was always on my crazy goal list because I was not the brightest kid in school and I like to do what people don't think I'd ever do.