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12 March 2024 | 105 replies
=) there were rehab loans available for a while for 0% interest, which was cool... but there was a cap on the number of properties you could own and be eligible for, which i was above.so we need some kind of catalyst or incentive.
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11 March 2024 | 19 replies
@Jay Hinrichs hit the nail on the head here.
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6 March 2024 | 2 replies
It has been recently introduced and is supposed to put a cap on the cost to install utility hook ups for new construction and ban hedge funds and corporate entities from buying single family homes in California):SB 1210"This bill would, for new housing construction, prohibit a connection, capacity, or other point of connection charge from a public utility, as defined, or a special district, as defined, for electrical, gas, sewer, or water service from exceeding 1% of the reported building permit value of that housing unit.
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12 March 2024 | 250 replies
The $50k cap on liability and a failure to identify who is going to be responsible for clearing any title defects identified in the AOL.
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6 March 2024 | 4 replies
@Brie Schmidt nailed your question, I know you couldn't assume an FHA loan but didn't know the answer about VA (which makes sense) so glad I know the answer for next time.
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7 March 2024 | 27 replies
.^^ @Anthony Theokary seems to have nailed the answer in 1 shot.
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8 March 2024 | 77 replies
“Deal dog” daily email sends me the same crap from Craigslist (other wholesalers listing properties) and auction.com (exclusively foreclosure auctions).My three day cancellation window has passed, but one more strike (testing again tomorrow), and I will fight tooth & nail for a refund.Not happy thus far...
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7 March 2024 | 14 replies
The quickest way to address this in my experience is marking out floor joists and nailing them off every foot or so.
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6 March 2024 | 6 replies
@Ben FrenchYou can find more expensive notes in major cities but two things typically occur with these types of assets.First is you will pay more the note and second is the borrower is significantly more sophisticated and will also employ a legal team and fight you tooth and nail to keep the property if it does have value.
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5 March 2024 | 6 replies
Your conversation(s) should be with your PM, not the tenant.They may need to screen better.They may need to take more effective action and sooner.Travis hit the nail on the head - another phone call from someone won't get tenants to pay faster.