
15 September 2021 | 2 replies
Because of this, lenders had to add huge adjustments to their pricing when they were at or near 7% delivery threshold.The announcement last night is suspending that cap or essentially undoing it allowing lenders to originate and deliver these loans without the fear of being punished or exceeding their allotment.

15 September 2021 | 2 replies
The system delivers four numbers: within proximity of the unit, in the same zip code of the unit, plus wider area numbers that have no bearing.When the housing authority uses the app, they have a different input matrix, including bedrooms, bathrooms, parking, - apparently nine factors that are used by HUD to estimate the rent.

16 September 2021 | 7 replies
Separately, I think that a 10-15% fee on top of the project is what's the norm for a project manager to assist with the work and deliver a completed unit.

18 September 2021 | 15 replies
Most lenders of scale found non Fannie/Freddie outlets to deliver those loans to.

17 September 2021 | 2 replies
Typically those are people who have been very successful in real estate.You might be pretty busy, but if you can even get a part time job working for an agent, investor, or successful real estate person in the area you want to focus, that would be good....doing trashouts, changing locks, putting out signs, helping with open houses, making sure the flyer boxes are full, delivering documents, doing social media for someone.You could start building your social media channel now....interview lenders, inspectors, title company people, investors, etc.

21 September 2021 | 5 replies
Don't know anyone in that area, but many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)

18 September 2021 | 2 replies
With big stuff he goes and places the order and has me call to pay right away then they deliver like with box stores, or local stores will fill his orders and then I call and pay within the week.
22 September 2021 | 3 replies
Making the offer contingent on delivering a vacant property is one way to do it.

24 September 2021 | 10 replies
Deliver all the appropriate legal notices of non-renewal as specified by law.

23 September 2021 | 13 replies
Our practice is to have the landlords pay for a filter service that delivers filters to the property that the tenant is then responsible to replace each month.