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21 January 2025 | 18 replies
I've worked with several loan servicers, and no matter who you use, it's not fun setting it up, but I've had easier success communicating with OnePoint.They have a login portal to track payments etc, like you mentioned.
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3 February 2025 | 27 replies
Particularly for your first few properties, I'd highly recommend that you manage the property yourself (if possible), but that's usually only possible (or most effective) if you live near the property or visit it frequently.
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1 February 2025 | 13 replies
I do ground-up urban infill multifamily development and we are effectively at standstill as far as new projects go.
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28 January 2025 | 15 replies
She’s currently not paying rent, and while she has some health issues and no stable income, she’s been communicative and open to general talks, with a possible option to vacate through a cash-for-keys arrangement, though this might take around six weeks and some hard work.I plan to rehab the property and eventually rent it out, potentially to a Section 8 tenant.
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29 January 2025 | 10 replies
It is very effective in and of itself so it is something that can be done reasonably cheap without taking a ton of time.https://www.greengluecompany.com/
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20 February 2025 | 8 replies
Always consult with a qualified tax professional before making any tax-related decisions.Depreciation losses will have no effect on your financing options.
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7 February 2025 | 7 replies
But, the seller will never close a sale until the buyer releases that claim and withdraws the affidavit because a new buyer's title company will not issue a title policy and the new buyer's mortgage lender will not make a mortgage loan.Its not worth doing in this case but when real money is involved it is pretty effective.
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14 February 2025 | 161 replies
Because I purchase properties like that I feel we attract tenants that we can relate to which helps us on the property management side with communication and working through issues.Why do you believe there is a higher likelihood of negative cash flow with BRRRR?
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25 January 2025 | 2 replies
The president has zero impact on underwriting guidelines and zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.
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19 February 2025 | 15 replies
Research state-specific costs and regulations to decide what’s most cost-effective.3.