Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Hamed Rahimi
What are the best property management software/tools you use?
25 November 2024 | 12 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
Leo R.
Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
It became so bad I documented on other platforms that I do not list on CraigsList. Â
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
23 November 2024 | 7 replies
Use an attorney to create documents for you2.
Jonathan Abrado
Pace Morby Gator Method Course Review
7 January 2025 | 150 replies
This goes to the title or escrow agent and along with a HUD or settlement statement documenting the fees paid out clearly states and is agreed to by all parties that the EMD funds are loaned and must be repaid at closing from the assignment fee owed to the wholesaler or from the sellers funds.Â
Tessa Tsui
ESG and Service Pets
23 November 2024 | 5 replies
Print them off, study them, highlight them, make notes, read some blog posts, and understand the subject.The second document he links includes precise definitions and a guide for landlords to use for screening support animals.
Joe Mills
Pitbull Service Animal
23 November 2024 | 15 replies
You still have the right to require documentation proving the animal is legit. https://www.hud.gov/sites/dfil...Â
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
Do you have any documentation on the "lock"?
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
They come in with fancy spread sheets, break downs, proformas or cool looking power points with pictures and graphs.