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21 April 2024 | 17 replies
one BIG problem that we've seen from one HML to another HML is that during bankruptcy proceeding , some of the HML guy can perform the job by chasing all entity involved, while some other fund just give up and write-off the loan, so it's more complicated.For each fund, best thing is to consult previous LP investor that has already invested in the fund, and they expert enough to understand the situation and the actual capability of the HML guy.lot of HML aso these days , got trouble due to mass redemption from investor.
18 April 2024 | 5 replies
I have always found the best PM companies are good communicators (both with the owner as well as tenants) & have good bookkeeping capabilities.
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25 April 2024 | 209 replies
The big loser in this will be the agents who just got random Zillow leads or put out a ton of marketing and just had random people call them, that model is likely dead, I think it’s entirely possible if not likely that commission’s fall across the board, in general I’m not a fan of agents, that said I feel like alot of people are making generalizations who have never spoken with a client before, I generally talk to a client multiple times either in person or on the phone before I do a bunch of showings and waste my time, because of that I have pretty good idea of the parameters of the transaction before we start looking, so if it’s a cash buyer this really isn’t an issue, if it’s a 1st time home buyer with no money I’m gonna tell them if we need a subsidy to close we probably want to look at houses that have been on more than a week (it appears that agent commission’s can still be posted publicly just not on the mls, which I think is stupid but nonetheless will I’m capable of copy & paste adressess) if the person is looking at a high & competitive price point, I might reduce my fee to make the transaction easier, this is definitely gonna be a hurdle and probably drive commission rates down, but the actual buyers agreement to me is the one good thing to come out this, to me it’s to everyone’s benefit to set the basic parameters ahead of time, and agents are going to need to really understand the buyers full financial picture before getting it signed and coming up with a plan but that should have been happining regardless imo.
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18 April 2024 | 28 replies
Overstating the profitability of this endeavor by grossly understating the competitive nature of the bidding, the sophistication of some of the players as to research capabilities, etc.5.
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17 April 2024 | 10 replies
We order furniture from Costco and Sam's Club as they will use a shipping company that will schedule delivery for when we are on site.
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17 April 2024 | 2 replies
Bring something to this deal such as a big screen TV for the living room, or offer to do the daily vacuuming or something you're capable of.
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16 April 2024 | 11 replies
In that case, i am capable of covering the 20% down payment and closing cost with the money i saved up.
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17 April 2024 | 5 replies
I haven't used Buildium, but I DO use Baselane and it is capable of what you're asking, and much more.
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20 April 2024 | 33 replies
They did not, at the time of my trial, offer any check-writing capabilities, so paying bills is nigh on impossible unless you find a vendor that will take a virtual debit card or ACH payments.