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15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
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13 January 2025 | 1 reply
I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.
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16 February 2025 | 27 replies
I’m in the early stages of leveraging business credit for real estate deals and looking into similar funding strategies.A couple of quick questions:How did your credit utilization impact your personal credit score during this process?
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3 February 2025 | 32 replies
I used my house hacking here in Los Angeles and utilized the equity to buy out of state.
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14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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11 January 2025 | 5 replies
for one tenant it says that the landlord is responsible for utilities, and for the other tenant it says that the tenant is responsible for utilities.
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25 January 2025 | 18 replies
.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.
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20 January 2025 | 6 replies
thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.
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1 February 2025 | 23 replies
Personally, I'm in the growth phase so I'm still working to acquire more properties and utilize more leverage.
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24 January 2025 | 42 replies
Utilizing the preREO strategy, a receiver (i.e. a local real estate agent or property manager who you may already have a relationship with) could be appointed to make repairs and rent out the home during the foreclosure process.