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3 February 2025 | 9 replies
I'm not sure how I would offer to do a specific job or task when I'm not even sure of the tasks that are typically needed to be done in a RE deal. im not sure if my question makes sense to others but hopefully i could get some advice on how to go about offering my services of time. thanks for you time!
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2 February 2025 | 2 replies
there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.
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11 January 2025 | 13 replies
It has been operating for 2 months now.
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19 January 2025 | 147 replies
I am not typically litigious, but this situation is unacceptable.
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23 January 2025 | 4 replies
It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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29 January 2025 | 12 replies
@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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8 February 2025 | 12 replies
Seasoning for ownership typically starts on the purchase date.
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30 January 2025 | 4 replies
This will create your new basis.From an operational perspective, you might want to touch up a few things on the place to make it more rentable.
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9 February 2025 | 33 replies
I'll also add that Bonnie's group is a great resource with operators from 0-Bonnie.
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4 February 2025 | 7 replies
There is typically one or more heir that feel he or she deserves more then all the other heirs because the took care of auntie or uncle and hires an attorney to contest the probate.