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22 November 2024 | 15 replies
Important - Make sure you know the local restrictions (if any) regarding STRs.
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7 December 2024 | 150 replies
I also follow up regularly with this list via email drip campaigns once a month to see what they have on their portfolios.
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22 November 2024 | 33 replies
Yes, if anything its easier since no residential restrictions. savvy participants.Harder because you have to know how to present a property, typically have to spend on chase costs prior to assigning.
19 November 2024 | 10 replies
You need to be careful with prequalifying people these days as various cities and states have laws that can restrict that.
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26 November 2024 | 25 replies
Even when wholesalers “kinda’ admit to the seller that they are going to “wholesale” the property, they still tend to mislead the seller by talking about “financing partners”, “equity positions”, “mentors” “membership” etc.So, various states have, under the banner of consumer protection, enacted legislation to restrict the use of the “wholesale” transaction in RESIDENTIAL OWNER OCCUPIED real estate - note, not commercial property and not residential when the transaction is between 2 investors.
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18 November 2024 | 14 replies
Hello, I have purchased 4 different asset manager lists over the past two years, but three were ineffective with outdated information and many email bounce-backs or returned mail.The best list I found was at RealEstateTargetdotcom; I did a successful snail mail and email campaign, and picked up three new banks and an account with LPS.I also cross referenced names on the list to see who was attending or speaking at various REO conferences, and made efforts to meet asset managers in person.
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19 November 2024 | 23 replies
I am not in an HOA so there is no rental restrictions.
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17 November 2024 | 2 replies
Are there restrictions on credit reporting for CFDs versus mortgages/DOTs.
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19 November 2024 | 5 replies
However, there are restrictions: you cannot personally use the property, mix personal funds, or finance it with significant debt without triggering Unrelated Business Income Tax (UBIT).
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18 November 2024 | 13 replies
.- The numbers may have an impact on your decision.You may also want to read your condo's Home Owners Association Master Deed & Bylaws to make sure there are no restrictions on any type of rentals. - Many HOAs have LTR restrictions and some now have implemented STR restrictions.Also, hopefully you've updated the home insurance policy of your current STR rental from a homeowner's policy to a landlord policy.