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9 January 2021 | 6 replies
Since it's a comm loan, I wouldn't worry as much about DTI as the investments ability for Debt Coverage.
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8 January 2021 | 7 replies
Why they would try to push something like this at this time is beyond my comprehension.
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9 January 2021 | 1 reply
Hey folks,I'm preparing to close a couple deals in the next month, and will be immediately putting those units under the care of an outsourced property manager.All the R.E. books I've read talk a lot about the purchasing process, and about the property management process.But I've never seen a comprehensive punchlist of everything that should happen right after closing, when the keys are fresh in hand, in order to transition a property from escrow into property management -- especially when there are pre-existing tenants and leases.
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5 October 2021 | 32 replies
Have thought about adding cameras or a Ring doorbell but we have spotty coverage up there so might not be worth the hassle.
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10 January 2021 | 7 replies
Thanks a lot to all of you for a comprehensive answers.
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16 January 2021 | 26 replies
I would check with your agent and make sure that will not present a problem getting coverage.
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11 January 2021 | 14 replies
Debt Service Coverage Ratio (>1.25) - this is often given in pitch deck but can check calculation.3.
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11 April 2021 | 6 replies
You need x frontage and you have x-4 feet" New Investor: "But I see exceptions to the frontage requirement all over town" ZO: "That was then, we don't do that now" NI: "But you made an exception, like, last year to a house on Maple Street" ZO: "You can always apply for a variance, but you will need multiple variances for front setback, side lot setback, impervious coverage, permission from the DOT, the EPA, soil tests, UST sweeps, drainage management system....."
11 January 2021 | 1 reply
Samira,The proper Insurance coverage and/or limits should be discussed with a qualified Independent Agent.
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3 May 2021 | 21 replies
JFK could read at some absurd rate with nearly total comprehension, so all of his staff would write up one pagers on issues and he'd plow through them and make a decision.