Jayden Parks
RentRedi - Good for Owner Operators and Property Management Companies?
20 August 2024 | 6 replies
It's been 5 years since I used a Yardi product so not sure if they updated that.Not sure if you meant Yardi Breeze, I never even played with it.
Sherman Arnowitz
To Service Or Not To Service?
20 August 2024 | 2 replies
This form is sent to the borrower, investor, and the summary form is sent to the IRS.Other fee for services may include door knocking, bankruptcy research and filing of proofs of claim, providing credit reports, workouts with borrowers, loan modifications, short sales, REO (Real Estate Owned) management, inspection services, foreclosure management, etc.SERVICER OF RECORD OPTIONA servicing company may also offer you the opportunity to do your own workouts with the borrower while using their license as “insurance” (this is what we meant by “insurance reasons”).
Rene Hosman
Denver ADU Zoning Changes
20 August 2024 | 5 replies
These current proposed changes are just effecting Denver for now but are meant to realign with the changes the state made recently, and future changes in other districts in the metro area can often be modeled after changes in Denver properIf you want to make a comment or pose a question it only takes five seconds here
Shrey A.
Resources for investing in Canada
22 August 2024 | 53 replies
I wouldn't even bother with major cities given the ratios but you likely will get better rental stability pending on asset class but in general deep pocket investors like larger cities for its demand and stability in order to wealth preserve vs cash flow..Investors who want cash flow seek 2nd tier markets..To clarify 5) you meant negative cash flow and not negative cap rate correct?
Gustavo Alvarez
DSCR Loan Prepayment Penalties
20 August 2024 | 40 replies
I meant to say I would not settle for a DSCR loan with a prepayment penalty* in this market.
Wil Reichard
Should I give up trying to refinance?
19 August 2024 | 12 replies
But like I *meant* to write, I havent done one in a couple of years.
Michael Bereslavsky
Anyone investing in Panama?
17 August 2024 | 39 replies
Farm owners in coastal areas now wanted to sell for prices meant for only big developers.
Tucker Cummings
REI Reply - Too Good To Be True?
23 August 2024 | 181 replies
Again, I think all of you as individuals meant well, but the volume of the posts was what raised suspicion.
Elaine Goepfert
PLEASE HELP...being foreclosed on because property is upside down
20 August 2024 | 81 replies
An agent pulling comps and offering their opinion on the price isn't meant to be an appraisal, sounds like you are confusing the two.
Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
20 August 2024 | 45 replies
So for those a little “fuzzy” on “due on sale” let’s state it clearlyWhen a property is transferred either through warranty deed, contract for sale, leasehold interest for more than 3 years, or any other method meant to transfer fee Simple property rights, the lender has the RIGHT, (not obligation) to “accelerate” the note, in other words call the note due.