31 December 2024 | 10 replies
Common misconception that the fed funds controls mortgage rates but that is not how it works.
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29 December 2024 | 8 replies
U only have to be burned once when title comes back 3 days before closing ( which can be very common in abstractor states ) only to find it title is buggered.. title companies and closing attorneis may have their process's but a good agent just lets them know this is how escrow is going to flow.. they will wine but it cost 200.00 for a title search and we dont want to spend that until we know we have a closing.
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30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
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5 February 2025 | 56 replies
-I'm fairly careful with communication , but again, I know doing business online is way riskier, but I want to ask: Typically, I would trust someone who seems very in-depth, informative (gives statistics and numbers), and basically would give me thorough steps (including worst-case scenarios and what would best fit my situation)^^would people who have experience say that even with the above, some agents/lenders/PMs would still be sort of out to get your money and do a lousy job?
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27 December 2024 | 2 replies
Most of the methods are for advanced investors and not nearly as common or easy as portrayed by YouTube gurus selling courses for a living.
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29 December 2024 | 8 replies
One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground.
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29 December 2024 | 5 replies
If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”.
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5 January 2025 | 39 replies
Forecasted performance is your best-case scenario and shouldn't be relied on, particularly in a tougher market like Memphis.
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30 December 2024 | 4 replies
(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.
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26 January 2025 | 48 replies
Both common issues for hosts!