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18 December 2024 | 13 replies
Great advice; with that said, the notice I gave her did allow for a 30 day period before a new lease would potentially take affect with a price increase.
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27 December 2024 | 34 replies
You should be easily able to wait out this slow rental period.- i question your underwriting and ability to make money on a $79k purchase with $12k rehab.
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11 December 2024 | 5 replies
Lawn you can get feelers during the due diligence period so that's not the end of the world.
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17 December 2024 | 8 replies
Is it segregated (only my funds in the account)- do you have an attorney on staff that reviews exchange docs and keeps them current - what is the typical time for your staff to complete an exchange ( you want to get a feel for if they are understaffed and can they get the work done on your time frame)- how many exchanges do you do a month- what is your errors and omissions insurance through, can I get a copy- what is the amount of your fidelity bond - for each occurrence- what protections are in place to prevent wire fraud- will my funds be used by the company for outside investments (goes back to the type of account funds are held in)- who will be my contact during the exchange (goes to customer service, you want one contact who you can reach by telephone)Investors should keep in mind that it is their money they are placing with a QI to hold for a short period of time and be sure they feel comfortable with the company they choose to perform this role.
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15 December 2024 | 7 replies
If they pass that initial trial period, I offer a 6-12 month renewal.
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9 December 2024 | 16 replies
Upon calling a few banks, i am told that there is a minimum of 6 month holding period before I can do a cash out refi.
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12 December 2024 | 2 replies
Does anyone use another method of goal setting or periodic review method?
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11 December 2024 | 15 replies
The potential benefit is qualifying for a possible 100% in 2025 that may or may not be extended back into 2024.
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10 December 2024 | 6 replies
Ben,First from a Bankers point of view you are over extended from an LOC perspective and its hurting your DTI and future approvals.
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4 December 2024 | 5 replies
Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.