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10 February 2025 | 16 replies
There is a monthly fee associated for this but if the tenant is serious you can offer it to them at cost.
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31 January 2025 | 2 replies
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
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11 February 2025 | 0 replies
There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.
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11 February 2025 | 10 replies
Our program only requires a small 10% down payment on the purchase price and we will fund 100% of your rehab costs.
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20 January 2025 | 0 replies
The very tragic LA fires have generated a lot of discussion about insurance costs.
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5 February 2025 | 21 replies
Tenant shall be charged $[amount] to cover the cost of this force-placed insurance.The other lesson is that you should never hand over keys until you have proof the Tenant has met all requirements.
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29 January 2025 | 2 replies
Imagine if it cost 1000 to send out 50 letters but half of them responded and half of those wanted an offer and half of those accepted an offer and half of those closed and half of those resold for a net 50k.
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11 February 2025 | 15 replies
It would be for $120k plus closing costs for a year or two until we could refinance.
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7 February 2025 | 0 replies
However, opponents argue that privatization could disrupt mortgage affordability, increase borrowing costs, and reduce accessibility to financing for first-time homebuyers and small-scale investors.How Privatization Could Impact Real Estate InvestorsIf Fannie Mae and Freddie Mac transition to private entities, several key changes could affect real estate investors, particularly those relying on conventional financing.
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10 February 2025 | 1 reply
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.