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21 January 2025 | 4 replies
Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.
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17 February 2025 | 6 replies
Metro could have different rent growth projections, however, this is a great sign to see that the area as a whole is moving in a very positive direction.ConclusionBecause of D.C.’s typical recession resilience from the federal government and the large presence of big-name private sector companies in the area providing stable employment, it is very rare to have the opportunity to buy real estate at a discount.
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15 January 2025 | 34 replies
But the bank still treats it as a secured debt.
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5 February 2025 | 29 replies
.- There is risk in that the rehab has not been completed and the financing has not been secured so there may be unforeseen issues with the home or lending process that may cost more than the estimated costs which can then reduce profits.- The tenant buyer may decide to not exercise the option or may decide to terminate the lease early which may produce a profit less than the projected returns.- The money partner is not the only owner of the company which owns the property and thus has limited decision making over the property.
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10 January 2025 | 12 replies
If I wasn't able to get the cash together, using a private lender would've been a good option.
12 January 2025 | 10 replies
Should you decide to do this full time and do more than 1 flip at a time, private lending and fix&flip loans will be the way to go.
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3 February 2025 | 31 replies
I'd consider real estate debt funds and private lending but that's not on my immediate radar right now.
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16 February 2025 | 28 replies
If anyone needs a private lender I recommend Andrew and his company; easy to work with, quick closing, flexible terms.
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3 February 2025 | 56 replies
However, the journey has been anything but smooth, and we are now at a critical crossroads.Despite securing approval for our 42 townhouses, the soaring construction costs have made the project financially unfeasible.
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4 February 2025 | 14 replies
Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.