My main focus is understanding motels and their operational dynamics.If you’ve invested in or operated a property like this, I’d love to hear from you.

Currently, I am looking to better understand the real estate market in Southern California. 

Seller is understandably getting really upset, because what the bank is asking for could take weeks and we were already supposed to have closed.Any adviceAloha Leah, this is very common as the other lender stated above.

Speak with lenders early to understand your borrowing power, and explore multifamily properties to maximize your house-hacking potential.

Your understanding of NOI, deal negotiation, and long-term strategy are assets that make you stand out. 

Both offer unique advantages, but understanding the trade-offs is crucial for making the right decision.

I’m glad you were able to move on without signing, shows the agent understands/is a good guy/gal, or knows other firms wouldn’t require such a signature. 

Rehab costs and ARV (After Repair Value) are key parts of evaluating deals, so it’s great that you’re diving into these concepts early.For rehab costs, creating a rough estimate starts with understanding the scope of work and local pricing for materials and labor. 

The more you understand the local market, the more value you can bring to a mentor.Stay persistent and consistent.

Best to talk to her and understand your options.