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23 October 2024 | 28 replies
And if your LT tenant needs to assist with things now and then, be sure to show appreciation and compensation of some sort (I've offered free wifi, though my tenant prefers their own internet/cable).3) I haven't had any issues, but maybe avoiding carpet and low rates with single night rentals that ends up attracting homeless guests.
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29 October 2024 | 131 replies
The seller is basically relieved of their debt associated with the property and may receive moving compensation and can move on with their lives without the hassle of other hidden lien/financial debt that could possibly come back to the seller if it wasn’t negotiated upfront.
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18 October 2024 | 15 replies
They even pitched that I run marketplace adds for my property and refer homeroom (and if a lead goes to another property in the end, I do not get any sort of compensation).
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16 October 2024 | 10 replies
If so, is there a way to get some compensation for giving them this depreciation?
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16 October 2024 | 1 reply
We are working out how to fairly distribute the cash flow so everyone is compensated.
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18 October 2024 | 7 replies
How is each member compensated for their effort?
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16 October 2024 | 17 replies
Make sure you are given more jobs, are seen as being affiliated with the firm or investor and get them to set up a compensation structure where you are a stake holder in the property for your efforts.
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17 October 2024 | 20 replies
If you feel you need to use big words or jargon, you are probably trying to over compensate.
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17 October 2024 | 23 replies
There are a handful of lenders that do not have this requirement or you can request an exception if you have compensating factors.
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16 October 2024 | 7 replies
Some lenders may still offer 10% down, but they might require strong compensating factors such as excellent credit, higher reserves, or a low debt-to-income (DTI) ratio.The requirement for 12 months of reserves is common with jumbo loans right now, especially in Southern California, where property values are high.2.