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8 August 2024 | 2 replies
I know if card X is charged, it's the cleaner at my North Carolina short term rental, for example.
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8 August 2024 | 1 reply
Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term
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9 August 2024 | 9 replies
@Eryn Garcia I agree with @Eli Kantor the hot tub instructions with photos really saved us a phone call at one short term rental and that is saying something since my husband can figure most things out.
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8 August 2024 | 5 replies
Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.
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7 August 2024 | 17 replies
I am on the opposite side of you on the Mortgage Banker side of things seeing things skyrocket in terms of applications right now with out of state buyers.
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8 August 2024 | 14 replies
Frankly, I wouldn't feel comfortable owning a condo long term due to rising HOA costs and major assessments.
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6 August 2024 | 3 replies
I realize the benefits of investing in real estate and would like to get started as early as possible.
8 August 2024 | 10 replies
This is common in my area/Colorado in general especially the ski towns that still allow short term rentals.
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4 August 2024 | 12 replies
Currently managing 2 short term rentals in Los Angeles.
7 August 2024 | 0 replies
Has a fee agreement for him. plus 15 hr term.