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15 January 2025 | 10 replies
If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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4 January 2025 | 20 replies
.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.
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31 December 2024 | 8 replies
This plan covers 24/7/365 troubleshooting services from Lula's experts (such as guidance on resetting a circuit breaker), tenant coordination for scheduling repairs, and access to a network of vetted professionals.Once you're subscribed to Lula, you can set aside a pre-approved amount for repairs, which can be used without needing to contact you as well.
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13 January 2025 | 30 replies
Under stabilization, rent increase approvals run at most 5% for a 3-year lease.
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11 January 2025 | 49 replies
The Government actually started approving high-rise constructions on the shoreline of Jaco Beach, and other zoning licenses.
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30 December 2024 | 14 replies
EVEN IF THEY ARE PAID they cant guarantee that a short sale will even be approved AND cant guarantee any price.
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2 January 2025 | 9 replies
This gives you the flexibility to find a deal on your own timeline and to act quickly when a deal does come up because you won't need to get bank approval to use the line of credit.
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31 December 2024 | 3 replies
I know for myself and other investors they have had situations where someone in the building department says something verbally but then when you go to get the permits or approval things have changed.
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6 January 2025 | 8 replies
Durham is also more complex in nature than Raleigh.Raleigh stands out as the only municipality with Fast-Track ADU plans to streamline the approval process for homeowners.