
17 November 2024 | 33 replies
how many units are occupied and how many are vacant?

19 November 2024 | 3 replies
feature=sharedYes, it's unfortunate you are in this situation, but blaming others for your naive decisions won't change anything.PROPERTY ADVICE: you didn't mention if the tenant is now paying on-time, sporadically or if you're evicting them.Because you still want to sell, let's assume they are not paying on-time.1) Can't sell to an owner-occupant while tenant-occupied.- Owner-occupants will pay the highest price for a property.

17 November 2024 | 5 replies
The notes are all on commercial properties (office, warehouse, shopping center, mixed use or sometimes multifamily)The properties are either vacant or occupied by tenants, not owner occupiedThe property value is usually higher than both the UPB and the legal balance, sometimes significantly higher than theNow it is important to mention that I have very little experience with issuing notes and buying performing notes.

22 November 2024 | 92 replies
Now assume each unit is occupied by 1 person.

17 November 2024 | 6 replies
Once you have moved out, you no longer will get owner occupied rates!

19 November 2024 | 21 replies
I have an occupied rental i am trying to off to fund a renovation if anyone is interested-1072 bellows!

18 November 2024 | 16 replies
Most credit unions do not help with non-owner occupied properties.

15 November 2024 | 1 reply
When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

14 November 2024 | 1 reply
Purchase price: $1,000,000 Ravine ApartmentsWe purchased, Silvertree Apartments in 2022 which was a run down 20% occupied apartment complex that was an eye sore for the city of Silverton (suburb of Cincinnati).

14 November 2024 | 1 reply
I believe in Texas its 6 months if they never occupied the property and a year if they did occupy the property.