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23 January 2025 | 7 replies
You can put a mortgage into a "trust: without triggering a due on sale but again contacting your bank/lender is the best route to avoid any issues.Some banks/lenders or servicing companies change guidelines and even a trust may require other paperwork but the attorney usually facilitates that to be safe.
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26 January 2025 | 2 replies
Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?
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4 February 2025 | 2 replies
The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.
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21 January 2025 | 2 replies
I have been using comps from the MLS but as the company grows, I dont have that advantage in other states.
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16 January 2025 | 9 replies
These groups are goldmines for finding mentors, reliable vendors, and other investors to learn from.Property ManagementChoosing the right property management company can make or break your experience.
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28 January 2025 | 48 replies
Banks and mortgage companies are getting wise and they are recognizing the threat that Pace Morby is to them.
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19 January 2025 | 56 replies
He also founded an HVAC company with 110 employees, and also ran several construction companies.
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17 January 2025 | 3 replies
So this program is between the property mgmt company and us, mostly.
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23 January 2025 | 39 replies
I would say they are a good company to go with.
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16 January 2025 | 1 reply
Our company is built to make it easy for everyday investors to invest in rental properties.