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18 March 2024 | 15 replies
We are already buying in proven markets (PF, Destin, possibly Blue Ridge)
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18 March 2024 | 2 replies
Potential opportunity - there is an attached utility closet that I believe could and/or used to serve this purpose as it has the red/ blue inlets built into the wall next to a hot water heater that is also in the closet.
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17 March 2024 | 14 replies
Maybe we can call it the "Ohio Cartel" lol@Pradeep VelugubantlaBeen based in Toledo for 10+ years now.Updside:1) Low entry, high cashflow2) Blue collar employed tenants that pay rent3) Homes well kept4) Certain pockets have infrastructure that supports tenant and homeowner demandDownside:1) Tertiary market with declining population from a macro standpoint2) Not much upside from an appreciation standpoint3) Unsophisticated work force.
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20 March 2024 | 175 replies
I would just caution OOS flippers who think they can pay for this and make 10k a house flipping homes from afar.. locals sure.. always too sides to these things the blue sky and the overcast :)Totally agree.
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15 March 2024 | 7 replies
I had a property on VRBO absolutely rocking and it has *poof* disappeared on the algorithm out of the blue.
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16 March 2024 | 21 replies
I don't know if this is common in most politically blue states, but I heard a lawyer from Los Angeles once say this (from his experience with SoCal judges): the failure of a tenant to procure renter's insurance will not alone constitute sufficient grounds for eviction under a lease agreement.
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14 March 2024 | 3 replies
You will need to supply 2-3 quotes from different General Contractor's or licensed builder for all work.Some things that can occur are builder/vendor issues with lack of inventory, broken material, employee "no shows", date of completed work extensions, bad work, additional costs not factored on blue prints or cost analysis, delayed permits.Keep in mind any delays or issues will slow down your clear to close/funding date.
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14 March 2024 | 18 replies
Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.
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14 March 2024 | 50 replies
Everything you can change is in blue for ease.
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15 March 2024 | 37 replies
The blue genie is right.