
11 June 2024 | 9 replies
You could find an attorney or agent - recommend negotiating a flat fee with either of them as pretty standard docs.

13 June 2024 | 14 replies
Then we started having issues with the city code enforcement and water company and being fined.

11 June 2024 | 46 replies
I apologize if this is all just fairly standard financial modeling.

12 June 2024 | 15 replies
I'm also looking into doing a cash out refinance or just doing a standard loan on my next property.

13 June 2024 | 20 replies
The ones I bailed out I actually took ownership of.. and got them out of hot water. there was no room for a loan but enough equity for me to step in and solve the issues..

12 June 2024 | 16 replies
(Quick Side Note - A similar question I see frequently regarding pregnant women is "well, once the child is born the renter will not qualify based on my occupancy standards, should I rent to them?"

11 June 2024 | 1 reply
However, one recent sale in the area was 109K for a .15 acre lot, however, it was verified developable and had gas, electric, and water at the street.

11 June 2024 | 15 replies
Tree clearing, grubbing, moving dirt for cut/fill operations, storm water, power, gas, water, fire access etc. not a small task but doable.

11 June 2024 | 6 replies
Any other possitive factors - stable tenant base - alarm systems - regular checks on the property - no pets - Lead safe certification - newer roof, plumbing, electric, etc..Anything to balance off the lossesBe prepared that it may end up in a non-standard (surplus lines) market for a couple of years.If you did not have flood coverage before, see if they will continue the current policy if you get Flood coverage and increase the property coverage deductible.

11 June 2024 | 11 replies
You may not like the space so it may be better to put your foot in the water first.