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19 September 2024 | 30 replies
(They paid a handyman $150 to put the weight back on the kitchen sink faucet line!
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16 September 2024 | 5 replies
Also, put any repairs pointed out by the inspector into the following categories (by priority)1) Health & Safety - to avoid tenant injury and potential lawsuits2) Property Preservation - to stop further costlier damages3) Government Required - city inspection repairs & S84) Marketing Negative Impact - who'll rent a house with purple bedrooms?
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18 September 2024 | 15 replies
DSCR and other products in the nonQM category allow you to close in an LLC as well which is important to some investors.
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15 September 2024 | 0 replies
Is college NIL money in athletics a new tenant category that will continue to grow and expand?
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15 September 2024 | 11 replies
Well, the reasons given generally fall into two categories - either tax benefits through an “installment” sale or obtaining an interest rate on their capital greater than what banks are paying.In my 45+ years doing real estate deals, I’ve found maybe once that the tax argument was considered by a seller; further the “greater than bank rate” argument is completely irrelevant because - the proceeds of a property sale were never going into a bank account, at least not most of the proceeds.
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13 September 2024 | 11 replies
You have three separate categories here: lending, legal, and tax.For the lending side, the lender has a clause in the loan documents in 99.9% of loans that allows them to "call" the loan if their is a change in ownership of the property.
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18 September 2024 | 35 replies
I agree with the above posts - it's in the turnkey company's best interests to jack up rents to increase their projected ROI.As a general rule, I do not trust a single projection value any seller offers as they're nearly always weighted in favor of the seller.Zillow is a great way to check rent comps.
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13 September 2024 | 10 replies
How to sell this property in 1031 category and buy other property ?
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11 September 2024 | 17 replies
That has to hold some weight I’d hope.
12 September 2024 | 9 replies
(list type, breed approx weight & age)Have you ever had reoccurring problems with your current landlord?