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15 January 2025 | 12 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
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10 January 2025 | 9 replies
You can have any lawsuit initiated by investors in state court moved to Federal court where the Reg D safe harbor will preclude any state law liability. 2.
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11 February 2025 | 1681 replies
I initially was interested in what CM was saying just due to his wife, whom I'd followed in tech media for years.
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13 January 2025 | 15 replies
We hired a internet marketing person whose business consists exclusively of real estate clients who redesigned our website, initiated a program of SEO and social media marketing aimed both at deal flow (real estate borrowers and mortgage brokers) and capital (passive investors).4.
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9 January 2025 | 18 replies
If the opposing part comes back with a different” number(s) or terms, I politely reject it and reiterate my initial and only offer.
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3 January 2025 | 5 replies
I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.
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17 January 2025 | 19 replies
The lender will charge a ridiculous amount up front to close, but that comes out of the LOC, so you still end up only putting in the initial deposit.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.
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11 January 2025 | 15 replies
Since it is explained clearly in the contract terms, (managing expectations there), the PM's initial response to the dispute was to reference that language.We found out about the dispute after the tenant had repeated her dispute 2x -- and the property mgmt asked us what we wanted to do.
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7 January 2025 | 4 replies
We had to move fast and initially decided to sell it, the relator who was helping us somehow convinced us we should make it a rental property......... and let her be our tenant (insert face palm here) so since we had no real estate experience and we were already moved away, we agreed.