Karen Smith
The Rise of Private Lending: What's Your Experience?
13 January 2025 | 12 replies
It’s interesting how you mention that offering flexibility as a lender has opened up opportunities for borrowers to pursue deals they might not have otherwise been able to.As a private money lender, I'm always looking for ways to improve my services and better support investors like yourself.
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
29 January 2025 | 5 replies
DSCR/hard money are non owner occupy loans.If you decide to do FHA203K for the first home - a 203K consultant/inspector will be required for the standard 203k loan, you will unlikely be able to serve as GC and you sign a 1 year occupany affidavit.
Jerryian Francois
CA N I US E A 203 K To Fund A Rehab In
30 January 2025 | 8 replies
He works with us often here in Chicago, but can service loans across the country!
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
2 February 2025 | 9 replies
This client chose not to use our services and instead, tried to self-manage their primary.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.
Emily Shin
New in real estate
29 January 2025 | 22 replies
You'll have access to owner occupied loan products, therefore saving on your down payment, typically 3-5% compared to 20-25% for non owner occupied properties.
Sam M.
Agent commission and making an offer
30 January 2025 | 5 replies
There are best practices on certain items that provides a guidelines.Commissions are always negotiable like any other services, you can shop around for the best value for money.All depends on the risks that you are willing to take.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
In my experience that's not actually the case at least in legitimate evictions for non-payment of rent or breach of another part of the lease.
Christi Wolverton
Credit card payments declined
4 February 2025 | 7 replies
Heck, you process debit cards if you insist for 1/10th the cost and non-reversible.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
@Maxwell Silva - In marketing / advertising, products and services are not expected to be sold the first time a potential customer is exposed to them.