
4 July 2024 | 2 replies
The examples were very real world and they even provide a lot of excel and word tools for different aspects of the process that I will now use moving forward.They have more that covered specific parts such as project management, development, property management, etc.

4 July 2024 | 3 replies
Were they supposed to provide you monthly statements and did not do so?

5 July 2024 | 19 replies
Things like:- having them name you as an additional insured- having their policy be Primary and Non-contributory- Requiring that their policy provide 30 day notice of cancellation- Having their policy waive subrogationThe Tenant should have General Liability, Professioanal Liability, Workers Compensation, Business Auto, and possibly Accident/medical coverage.

4 July 2024 | 5 replies
That's the best advice I can provide.

4 July 2024 | 11 replies
I’ve heard that rolling paint provides for a better looking finish over rolled.

2 July 2024 | 19 replies
This chart is approximately 12 months old, so the actual impact is already being felt on the ground here in Austin.

1 July 2024 | 1 reply
Purchase price: $86,000 Sale price: $120,000 The wholesale deal for 4390 Annie Mae Cv, Millington, TN, greatly impacted all parties involved.

3 July 2024 | 6 replies
However, I'd appreciate it if someone could confirm this and provide more specific details, including the relevant zip codes.Thanks :)We had a lot of problems with Guests at our STRs in Jacksonville Beach (ended up selling them!).

1 July 2024 | 6 replies
Each option has its pros and cons that can impact your investment strategy and overall success.HELOC (Home Equity Line of Credit)Pros:Lower Interest Rates: HELOCs typically offer lower interest rates compared to hard money loans.Flexible Terms: You only pay interest on the amount you draw, providing flexibility in how much you borrow and when.Revolving Credit: As you pay down the principal, the available credit replenishes, allowing you to use it for multiple projects.Longer Repayment Periods: HELOCs often have longer repayment periods, which can make managing payments easier.Cons:Qualification Requirements: HELOCs require good credit and sufficient equity in your primary residence.Secured by Your Home: Your primary residence is collateral, which means a default could risk your home.Variable Interest Rates: HELOCs often have variable rates, which can increase over time.Hard Money LoanPros:Easier Qualification: Hard money lenders focus more on the property’s value and potential rather than your credit score.Speed of Funding: Hard money loans can be approved and funded quickly, which is beneficial in competitive markets.Flexible Use: These loans are designed for real estate investments, making them suitable for purchase and renovation costs.Cons:Higher Interest Rates: Hard money loans typically have higher interest rates and fees compared to HELOCs.Short-Term Loans: They usually come with short repayment terms (often 12-24 months), requiring a quick turnaround on your project.High Fees: Origination fees and other costs can add up, increasing your overall project expenses.For a BRRRR strategy, a HELOC might be the better option if you qualify and have sufficient equity in your primary residence.

3 July 2024 | 3 replies
Please let me know if I can provide more specifics or numbers.I have an opportunity to purchase a fixer upper in a relatively great location.