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2 April 2018 | 2 replies
If he is legit doing his job, he needs to verify that no new comps popped up or market conditions changed that significantly change his estimate of value.
3 June 2018 | 15 replies
Frankly, I don't even know how the magistrate and the prothonotary are going to handle the appeal since I assume you don't have an actual lease with them to verify the rent amount.
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3 April 2018 | 9 replies
However, for any duration more than a few years San Diego beats every Midwestern city for RE ROI for any duration. 100% verifiable.
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24 August 2020 | 15 replies
I did just find a company who does both and I think it's around 20% total, but I have not had a chance to speak with them to verify.
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25 June 2018 | 12 replies
So if you're investing in multiple deals, you'll need to gain some understanding of the markets, review sponsor track records, verify their financials projections make sense and that they're using reasonable assumptions, make sure the fees aren't excessive (fees vary for each deal).
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4 April 2018 | 4 replies
The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.
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4 April 2018 | 11 replies
Not certain how to verify that.)
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4 April 2018 | 4 replies
Here is my latest dealDuplex 2 bd - 1 bth identical 1500 sqft 2 garage hardwood and vinylBuilt 1961Rent 800 moCentral coolingHeating forced air1200 sqft basement unfinishedBoth units Currently occupiedSeller Asking price is 135,000Doesn't need much repair maybe cosmetics How much would you offer?
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21 April 2018 | 14 replies
This way he can’t just come back with oh it cost a little more than i thought Anything you sign I would write in that the signature ONLY verifies hours.
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5 April 2018 | 10 replies
Some people make good landlords, some don't, identity that.