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9 March 2024 | 8 replies
I strongly favor regular price reductions until leased out.Most people make the mistake of letting it sit too long when simple math points to that fact that 2 additional weeks of vacancy at $1000 per month equals $500.
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11 March 2024 | 22 replies
Also helps you build your network by interacting with buyers and sellers on a regular basis.
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8 March 2024 | 4 replies
Cedar offers natural resistance to rot and pests with a great look that can enhance property value, but at a significantly higher cost and it requires regular maintenance to retain its appearance.
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9 March 2024 | 22 replies
Adam Hey Adam, In Wholesaling, you are acting as a principal (buyer) in the transaction so you would just need a regular purchase & sale agreement with "and/or assigns" language and a marketing clause for you to be able to promote the property while you are under contract.
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8 March 2024 | 8 replies
I bought regular home insurance, just like for a regular house, then a $2M umbrella insurance policy on top of that for just $500/year.
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9 March 2024 | 11 replies
Your DTI max is 43%, so with being very negative on cashflow, that means your regular income would need to be able to support it but at least the option is there.
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8 March 2024 | 6 replies
You'll still want to vet them like a regular borrower but make sure you're first position in the loan and have an attorney draft up the promissory note for you with the asset as collateral.
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8 March 2024 | 5 replies
This violates the lease, but rent is paid on time each month, neighbors have not noticed anything unusual, and the tenants are hardly ever there so overall, they are good tenants to have.I am debating ending the lease due to the clear violation, OR adding the new employees to the lease for a fee with regular inspection to ensure only 3 people are staying in the unit.
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8 March 2024 | 10 replies
In my estimation this would be a Denver Real Estate mastermind, where we meet regularly, discuss our current status, our goals, and help each other progress forward.
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8 March 2024 | 19 replies
Even doing it personally is fine --- that's what a regular homeowner does when getting work done on their house.I guess it seems I would need to caveat that you are NOT hiring employees.