
26 April 2024 | 6 replies
Instead of denying them, can we refer them directly over to the owner for them to sign a lease with the owner who is willing to effectively manage the contract, payment and relationship BUT would still want to retain us (albeit for a lower fee) to deliver ONLY guest and property care activities (guest communications, organizing cleaning, lawn and pool care etc).

26 April 2024 | 4 replies
To protect the purchaser of the wrap-around mortgage, Texas Senate HB 43:provides for wrap payments to be held in a constructive trust by the seller for the benefit of the buyerestablishes that anyone collecting or receiving a payment from a wrap borrower in connection to a wrap mortgage owes a fiduciary duty to the borrower for the paymentsdiscloses the nature and risks of wrap transactions to buyers and offer consumers the right to rescind transaction/agreement when disclosures are not made timelydefines “wrap mortgage loans” as a residential mortgage loan:made to finance the purchase of residential real estate that will continue to be subject to an unreleased lien that attached to the property before the loan was madesecures debt incurred by a person other than the wrap borrower that was not paid off at the time the loan was madeobligates the wrap borrower to the wrap lender for payment of debt, the principal amount of which includes the outstanding balance of the debt and any remaining amount of the purchase price financed by the wrap lenderclarifies that a wrap mortgage loan may only be closed by an attorney or title companyprevents “house flippers” from registering as financial service providersprohibits a person from making wrap mortgage loans unless the person is licensed or registered to originate or make residential mortgage loansThe new law goes into effect on January 1, 2022.
29 April 2024 | 248 replies
Would you pay $3m for a property today, with horrible numbers, if "Johnny-Time-Traveler" stopped by and showed you inflation would run wild and dollar basically halve in next years, effecting a "inflation 2x" to asset prices?

24 April 2024 | 1 reply
Drop me a message, and let's spark some fruitful conversations!

27 April 2024 | 42 replies
And if something effect mortgage finance to in effect be 6%....... could see record shattering first 30%+ price jump in 1 yr.......

24 April 2024 | 10 replies
With the grace and mercy of GOD I will own my 1st Real Estate Investment property before the end of this year this will be 1 of many as I plan on retiring early so that I will be able to enjoy the fruits of my labor and help others where needed
25 April 2024 | 10 replies
You're more likely to find LTR owners who want to convert to MTR because they are effectively the same rental experience and management for an owner, just with (potentially) more frequent turnovers.

26 April 2024 | 45 replies
Going to begin reaching out to commercial brokers, since I keep hearing there is a flood of inventory coming to the area but it doesn't seem to be effecting prices.

25 April 2024 | 0 replies
With a low mortgage of $1008, i was able to rent this property for $2400 effectively cash flowing about $1200 per month.

25 April 2024 | 7 replies
Manufacturing plants and such don't particularly care about train noise.Third: given that a railroad track has an adverse effect on the price -- how is the price of this property relative to that?