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14 January 2025 | 15 replies
Very unlikely unless you find a private lender/individual to do this as a one-off.
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22 January 2025 | 12 replies
As a would be individual landlord with just a one unit single family property I don’t know I can stomach the risk or withstand a financial assault resulting from an eviction process for a non-paying tenant (or tenants that do extensive damage).I am seriously considering bowing out and selling.
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14 January 2025 | 5 replies
If you are in the CLT area and are looking to connect with othr like-minded individuals, I would love to grab a coffee with you!
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15 January 2025 | 5 replies
Readers should seek professional advice.
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1 February 2025 | 56 replies
This is where the lender and original owner seek the investigation by the A.G., FTC, HUD and others and the FBI does actually get involved to see if there is a pattern.
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16 January 2025 | 3 replies
.- Use local real estate agents who are familiar with investment properties to help you find the right deals.You're taking the right steps by seeking knowledge and networking.
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13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.
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14 January 2025 | 2 replies
Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.
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18 January 2025 | 11 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
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16 January 2025 | 31 replies
I'm using the heck out of virtual accounts and virtual cards, which is helping keep my finances much more organized for each individual property.