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9 January 2025 | 8 replies
Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.
8 February 2025 | 89 replies
how revealing that you don't find it disturbing that:Marco Santarelli was soliciting investors by email and on their internet web site up until June 20th, when Marco Santarelli who signs the email as Founder & CEO, sent out his email suspending payments without previously mentioning any problems.
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6 January 2025 | 4 replies
Learning from agents commonly working with investors is your next opportunity to find a mentor.To be honest, I wouldn't try to find a mentor from random investors on the internet.
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14 January 2025 | 8 replies
Plus the challenge with mid term is you are generally on the hook for things like internet, utilities, etc.
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21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
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21 January 2025 | 2 replies
DSCR loans go up to 80% of the purchase price and depending on the Debt Service Coverage Ratio and your credit score you can expect rates on a 30 yr loan ranging from High 6%- Mid 8%.
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25 January 2025 | 5 replies
For VA loans, here are some solid options:Veterans United (veteransunited.com)Navy Federal Credit Union (navyfederal.org)Caliber Home Loans (caliberhomeloans.com)USAA (usaa.com)Not sure if I can post a link here in the forum.
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24 January 2025 | 12 replies
What is your credit score?
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16 January 2025 | 0 replies
New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?
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16 January 2025 | 17 replies
And a few from 0% interest for a year credit card loans too.