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3 July 2024 | 5 replies
This is because you have hired them to mind and manage your property.If you are self-managing, you want to be able to demonstrate that you are proactively looking after the safety and welfare of your guests and the property, through periodic, documented inspections.
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3 July 2024 | 6 replies
This demonstrates the buyer's seriousness and commitment to proceeding with the purchase.Additional Clauses:Subject to Sale of Buyer's Property: If the buyer needs to sell their current home to finance the new purchase, include a clause making the offer contingent upon the sale and closing of their property.Specific Repairs or Improvements: If the buyer has identified specific repairs or improvements they want completed by the seller, include details about these requirements as conditions of the offer.Review by Legal Counsel: Consider having the "Subject To" offer reviewed by a real estate attorney to ensure all contingencies are clearly defined and protect the buyer's interests.Final StepsNegotiation: Once the offer is submitted, be prepared for negotiation with the seller.
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2 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Susan Rosati.
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2 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Russell Barcelona.
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2 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.
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2 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partners, Denis and Samantha.
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2 July 2024 | 0 replies
Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.
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2 July 2024 | 3 replies
In our opinion, an investor should only work with agents that meet at least one of the following:1) Own rentals themselves for at least 3 years, at least one of them they bought below market.2) Have a 3-5 year track record of rental transactions, that they can document.3) Know how to calculate 1% Rule, ROI, NOI, etc. and demonstrate how to actually apply them to assist an investor client.4) Have access to tired investors selling their rentals.5) (what can you add here?)
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2 July 2024 | 10 replies
Giving up a bathroom at first and maybe a room later to increase this area demonstrates a calculated approach to realizing the full potential of your property.It's important to think about a few important elements before making any selections.
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1 July 2024 | 1 reply
Be prepared to discuss with lenders how the property will be used and ensure your financial profiles demonstrate strong ability to manage the mortgage jointly.Hope this helps.