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5 July 2024 | 6 replies
@Renee JonesSounds like you need hard moneyA hard money lender could fund this but recognize they won’t pay a contractor upfront they will only pay when portions of the work are completed.
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5 July 2024 | 2 replies
Wanted to check here first before speaking with my attorney..I have a portion of my portfolio to sell and would like to provide financing. - held currently in a single LLC Would I be able to sell 3 properties with financing per year and at some point be holding +12 mortgages ?
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6 July 2024 | 3 replies
HVAC Air Filter - note the size and whether it is new.5.
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6 July 2024 | 14 replies
Not sure what size or brand but I thought it was funny!
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6 July 2024 | 7 replies
Cap Ex was relatively high last year due to a water line leak wiped out a good portion of the profits the Cap Ex that year was around 48%of rent since rent was lower.
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5 July 2024 | 8 replies
I followed a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeI came to the result of above 200k and am looking for advice/comments from experienced investors on my decision.
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5 July 2024 | 2 replies
Currently we are dealing in single family homes and non-commercial multi-family but have future growth visions on mid-sized commercial multi-family as well as STR's.Outside of real estate, I enjoy God - Family - Fishing and Friends.Excited to learn and connect with you all!
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5 July 2024 | 5 replies
Minimum bedroom square footage requirements come into play (a quick google search shows Texas having an 80sqft minimum size requirements for a single occupancy bedroom).
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5 July 2024 | 6 replies
If the home is OK to be zoned for used mobile homes, you'd have to check on any restrictions (i.e. size, age, etc).
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5 July 2024 | 12 replies
If they cannot afford their portion of the rent, they cannot qualify.