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12 November 2024 | 11 replies
Quote from @Jay Hinrichs: my advice is to get some cash first.. dont be so focused on super high leverage. do seller finance first .. forget sub too until you are very well established and have ability to cash out the loans or refi on a moments notice @Don Konipol Don gave you chapter a verse about the sub to risk/rewards.
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14 November 2024 | 22 replies
Their familiarity with the local market and diverse financial products could be beneficial.Huntington Bank: With a significant presence in Ohio, Huntington Bank provides various commercial banking solutions and has a history of working with business clients, including those with complex ownership structures.PNC Bank: As a major regional bank, PNC offers comprehensive commercial banking services and has experience dealing with corporate clients, which may align with your fund's requirements.It's advisable to contact these banks directly to discuss your specific needs and assess their ability to accommodate your investment structure without personal guarantees.
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12 November 2024 | 5 replies
I am in an R3 zone so I am under the impression I have the ability to do so.
13 November 2024 | 8 replies
Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.
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14 November 2024 | 9 replies
Direct access to MLS data, multiple solutions for sellers (off market cash deal or listing), ability to rep. yourself on your own deals (saving on commission), and of course, education & networking.Having a license costs $$$ though.
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14 November 2024 | 25 replies
I know the founders personally, and the ability to call or e-mail when I have an issue and get a quick, personal response makes it worth every penny.
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11 November 2024 | 9 replies
You can do all of those to increase value or sale ability.
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14 November 2024 | 30 replies
And the ability to adapt is critical: we have seen so many STRs pop up in Milwaukee over the last years, that only the best thrive.Speaking of it: next week at RPA-CON we have a session about STR vs LTR.
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11 November 2024 | 22 replies
Now after the fact, he sends us a bill that basically outlines taking care of all the same things the other bit mentioned, but he is wanting 23K after the fact.
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12 November 2024 | 8 replies
Then set up a bill-back for this service.