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31 December 2024 | 32 replies
if yes then you got the answer, an appraiser will never come in with the proper value of A turnkey, because they rely on local comps even though those comps need much work and the principal is already done and cash flowing.2- These turnkey sellers usually purchase there properties for far below market value, if this is the case the appraiser might appraise for A lower amount due to the previous sale on the property.I don't know what turnkey seller specifically you are talking about of, but if their customers are happy then you got your answer, if their customers claim they were ripped of then you got the answer as well.
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20 December 2024 | 27 replies
There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example.
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24 December 2024 | 13 replies
OK Thanks Chad.. yes now that you clarify that and I also work in the low value asset sand box but only to Investors who have money to turn them around I would never count on those owner occ's to cure at least at any large % to easy to walk and the properties as you mentioned many will be functionally obsolete and economically obsolete so they turn into your basic zombie house that local wholesalers go for ..
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19 December 2024 | 4 replies
I own 12-doors in Detroit proper.
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17 December 2024 | 11 replies
But he chose that one over the others because it was very user friendly (for our older managers) and it offered a 'Groups' function where we could add certain individuals to different projects.
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16 December 2024 | 23 replies
@Celine Li I am curious if, before posting this, you clicked on the search function in top right, and tried looking up this subject/ answer/ question????
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19 January 2025 | 354 replies
In this capacity, O’Donovan oversaw its corporate functions, and established Wintrust’s centralized residential loan servicing and default loan servicing departments.
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10 December 2024 | 7 replies
Another issue I see with older homes is the layout and functionality is tough to manipulate even during a full gut.
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19 December 2024 | 5 replies
This was also confirmed when I went there to submit the required documents, but they couldn't give me a proper timeline on when it would happen claiming that they were backed up.
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19 December 2024 | 7 replies
You can try your luck to see how long it’ll take for the roots to re-grow, but be prepared to eventually make the proper repairs.