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23 December 2024 | 15 replies
I have tried to do a HELOC but I’ve recently retired from the military and haven’t started another W2 therefore lenders don’t want to approve the HELOC.
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15 January 2025 | 10 replies
If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.
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13 January 2025 | 30 replies
Under stabilization, rent increase approvals run at most 5% for a 3-year lease.
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25 December 2024 | 2 replies
I of course want to start small.My dilemma is: I was approved through work to get a forgivable $12,500 down payment assistance on a "primary home" near where I work.
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22 December 2024 | 4 replies
Can't do any of the things they promise in the pre approval.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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5 January 2025 | 17 replies
So developers are building multifamily on these parking areas.Since these areas aren't located on top of residential areas, the zoning approval process has a lot less friction and resistance from NIMBYs.Here's an example in Rochester where an old Sears was turned into apartments for seniors.https://www.passero.com/projects/skyview-park-senior-housing...For multifamily developers, this could be an opportunity for building and partner with the mall owners.
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23 December 2024 | 25 replies
Hey Folks-Just got a permit approved for an SB9 two-unit development (duplex) AND an ADU on a property in Los Angeles.
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2 January 2025 | 19 replies
Although legitimate lenders will refund this fee partially or in full if you decide to cancel or if the loan is not approved.
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22 January 2025 | 25 replies
I just got an update from my client that the CPA approved what we did.