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3 April 2024 | 14 replies
I feel like one of my biggest "challenges" so far has been figuring out all the vocabulary.
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2 April 2024 | 1 reply
The key downside to this repayment schedule is that the borrower is paying interest every month, based on the entire loan amount (including the amount being held in reserve for rehab draws), even if no draws have been taken yet.
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3 April 2024 | 5 replies
You might want to look into going to the Brevard County meeting for CFRI, (Central Florida Realty Investors), it's the biggest REIA out there and Brevard has a county meeting, I believe the 3rd Tuesday of the month.
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3 April 2024 | 7 replies
Neighbors can be your greatest asset and your biggest source of irritation.
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3 April 2024 | 3 replies
I'm not sure what you would be "defending in court" if you've known about this issue since last year and have neglected to address it.2) Get the rental license in place BEFORE you move in a tenant is the biggest takeaway here.
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3 April 2024 | 9 replies
The biggest driver of operational expenses is always utilities.
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2 April 2024 | 28 replies
The downside to this of course is that it will take a lot longer and you're still paying for the HML.Is it listed with an agent/realtor?
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2 April 2024 | 10 replies
In theory, there is no reason this settlement would have an effect on sellers, in fact if anything it should make it cheaper, I say in theory because the biggest outcome of this case is going to be the media coverage of the settlement, the truth is and this doesn’t make for a dramatic headline, there are 4-5 million home transactions a year, the vast vast majority were done on the mls with the agent’s splliting 5-6%.
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3 April 2024 | 24 replies
I guess one of the biggest things to consider is how long you plan to be in each specific property.
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3 April 2024 | 83 replies
So, for a seller who takes my suggestions, there is absolutely no downside, but plenty of upside.That said, why would any serious investor not take this approach?