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1 February 2025 | 10 replies
PM companies are typically anxious to help, especially when the possibility of ongoing management is on the table.
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20 January 2025 | 31 replies
If you want a registered agent, there are services offering that starting at $40.
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6 February 2025 | 18 replies
Would it be legal to wholesale a family members home (est. 1M), and receive a fee for the wholesale services?
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19 January 2025 | 18 replies
I just didn't know where to put the service dog on the lease.
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21 February 2025 | 6 replies
These typically account for about 80 to 85% of all expenses in a flip.If you know the lenders' terms and the loan duration, lender fees, the second greatest expense, are easy to calculate.
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20 February 2025 | 9 replies
I'm typically an advocate for hiring a CPA once a Schedule E or C is involved.
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7 February 2025 | 11 replies
On the flip side, traditional financing typically offers better rates and longer terms but can take longer to close, and you’ll likely need stronger financials.If you’re trying to balance speed with cost-efficiency, it’s worth considering your project’s needs and how quickly you need to get funding.
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18 February 2025 | 15 replies
If you treat the renter (resident) well, provide a well-kept home that you service regularly, and stay on top of any maintenance issues, a resident will likely remain in the house for many years.
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12 February 2025 | 29 replies
Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.
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20 February 2025 | 8 replies
This way, you might get an offer without the hassle of listing on MLS and dealing with the typical cold calling or showings.