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9 December 2024 | 8 replies
Replatting and renovating could definitely add value, but working with someone who knows the local zoning and permitting processes will be key.
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6 December 2024 | 0 replies
Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?
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7 December 2024 | 2 replies
You should require the first month's rent paid in full before handing them the keys.Start the eviction process.
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10 December 2024 | 36 replies
Yes they were great to work with and all and all it was not a bad process.
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30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")
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7 December 2024 | 2 replies
I am currently in the process of filing lawsuits against all of these tenants on behalf of my clients, and I am hoping we can add criminal charges onto the civil suits.
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5 December 2024 | 34 replies
Similar to Elecric Vehicles in my mind......sounds great but way too many issues.....I have an off-grid house where I personally installed solar, but the nearest power poles were too far away, and the cost to me to bring power in would have been a huge deal-breaker.
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3 December 2024 | 8 replies
If you find this is the case with a property you’re evaluating I would run away not walk as this can be a huge problem for future cash flow.
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5 December 2024 | 2 replies
I’ve had experience with both traditional and private construction loans, and here’s my take:Traditional Lenders: The process can be slower with more paperwork and stringent requirements, but they usually offer lower interest rates.
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5 December 2024 | 6 replies
I find this to be a huge mistake and poor guidance.