
12 November 2024 | 2 replies
Look for attorneys with experience in warranty claims and construction defects, or ask for referrals from local real estate groups or bar associations.

12 November 2024 | 2 replies
I admittedly know nothing about this market or costs associated with developing/managing something like this.

20 November 2024 | 45 replies
And I am talking about owner occ conventional loans not commerical or PML or HML for those those of us that do it and take the associated risks we earn every penny LOL

11 November 2024 | 12 replies
The state of Oregon and the city of Eugene both have complex and unforgiving regulations that most often favor the tenant, so it is important that you learn about these laws so that you can make strategic choices now that avoid pitfalls later.Fortunately, the Oregon Rental Housing Association at the state level and the Rental Owners Association of Lane county at the local level can provide you with excellent resources.

15 November 2024 | 15 replies
This is more common that you might think.They do not take into consideration the costs borne by the investor associated with the transaction such as: closing costs, carrying costs, finance costs, exit costs, etc.They are trying to hit a homerun on every deal and not leaving enough "meat on the bone" for the next person.

14 November 2024 | 10 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

10 November 2024 | 7 replies
A great way to start is by attending RE events and joining a local investors association.

11 November 2024 | 10 replies
See if you can get a subject to lease agreement from one of your friends or associates.

11 November 2024 | 4 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

13 November 2024 | 18 replies
Airbnb’s structure also offers a layer of protection and can sometimes reduce the risks associated with traditional long-term tenancies.Wait to Transfer: Some lenders may be open to an LLC transfer after a seasoning period, typically a year.