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18 September 2024 | 35 replies
i don't think that's the case right now.I think turnkey is a good option if you have significant liquid capital, want to buy in a solid market in a solid area, couldn't care less about cash flow for 10+ years and are even willing to be negative, and are willing to pay for repairs and capex without batting an eye.
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16 September 2024 | 13 replies
Pros is no prepayment penalty and dont care if rent covers mortgage as long as you are able to repay.Downside: Prepayment penalty.
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14 September 2024 | 2 replies
I would also be careful of builders right now "Sitting" on inventory.
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18 September 2024 | 47 replies
And then subject to subsequent timely submittal to the care of the USPS for delivery) or postmarked by the USPS directly, and (iii) still be subject to actual delivery (time) logistics in either stamping case… To start with.In their complaint against you (Item 12,) the plaintiff omitted mentioning the date when they “filed” the updated address notice.
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18 September 2024 | 19 replies
-- Worse-case they should only care about the last 2 years in a Class D area!
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14 September 2024 | 26 replies
Poor managers fail to make repairs(or insist on them to owners), fail to followup on cleaners and fail take care of guests, therefore the reviews tank impacting bookings/ADR.
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14 September 2024 | 7 replies
You can also get a lot of information from YouTube, but be careful to cross-check their information.
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14 September 2024 | 14 replies
@Zac Gorski review your closing documents carefully 1) if owner occupied mortgage, it usually requires you occupy x days from closing date (ours was 60) so maybe ask insurance and mortgage for extension if needed. 2) does your state have some rule where you can end a lease early to move in?
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15 September 2024 | 19 replies
Plus the developer will take care of maintenance.
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13 September 2024 | 2 replies
However 2 things to note: 1) DSCR loans for future investment property acquisitions do not care about your DTI (DTI only really matters when buying a new primary or any time you are using a Fannie/Freddie/Ginnie loan). 2) After 12 months of proof of someone else paying it for you, you may be able to omit it from your DTI calculation.