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22 January 2025 | 16 replies
It's difficult to see how a tenant will be after screened and signing a lease.
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29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
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26 January 2025 | 2 replies
An owner can challenge the number of hours their PMC bills them for a project though.2) Contracting every job out, but the bids aren't shared and owner just gets a bill on PMC letterhead covering labor & materials, with little detail.This is a pretty difficult situation to understand the charges, so you can monitor them. - The smaller the job, the easier to understand using the material & labor steps above.- Larger jobs may require requests for more detail, so the above steps can be applied.Be sure to check your management contract for what you agreed to.
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28 January 2025 | 19 replies
I am not saying it cannot be done but it might be difficult and is definitely more risky.
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19 February 2025 | 171 replies
Another quarterly update and another slip/delay/below plan message.Seems normal to hear these… anyway as I already said in previous message, the ROI upside to pro-forma seems very difficult.
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28 January 2025 | 29 replies
Income is difficult to predict not knowing the market.
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20 January 2025 | 16 replies
Quote from @Yaroslav Shtogun: Thank you James,Do you know how difficult it is to do dimensional variance on the lot?
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27 January 2025 | 18 replies
@Joseph BinkowskiDon’t forget that you can now be qualified as an accredited investor by passing the series 65 exam without any income or net worth requirements.It will cost you around $200 to $300 and will be valid for 2 years (unless you can park your license with a financial advisor firm, then it will last as long as you maintain it).It is not a difficult exam and you should be able to pass it with around 40 hours of self study with a good prep book or website.
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31 January 2025 | 27 replies
Quote from @Havital Miltz: I think it will be very difficult to show 750 hours, most tenants deposit the rent, so there is no rent collection. unless you have a very high turnover of tenants, where you need to show the houses again and again, I am not sure where you can "find" all those hours for her, especially that you say the properties are newer, so how much repairs would you have?
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8 February 2025 | 22 replies
don't get separate meters as that cost will be difficult to recover.