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23 February 2025 | 10 replies
Conventional lending requires tax returns, good FICO and reasonable DTI.
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14 February 2025 | 15 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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4 February 2025 | 7 replies
Follow the law and send the exact required notices.
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19 February 2025 | 9 replies
@Ken Almira don't buy a Florida condo w/o checking that they've passed their engineering inspection and their reserves meet the new requirements.
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5 February 2025 | 2 replies
I know there is not a ton of resources that don't require large financial commitments, just wanted to see if anybody knew of cheaper alternatives.
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21 February 2025 | 9 replies
The states that I know require you to try to mitigate your damages if a tenant breaks a lease early.
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4 February 2025 | 1 reply
This gives only 56 days of notice, we just realized the bill requires 90 days notice, though it is confusing as it is referred to as an ‘eviction’ in the bill.
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1 February 2025 | 3 replies
When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?
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2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.
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4 February 2025 | 0 replies
Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?