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12 March 2024 | 4 replies
DSCR will likely be very hard on a property like this considering the hotel-type nature (the info mentioned in #2 with the business website, online booking capability, etc.).
13 March 2024 | 19 replies
@Nancy BachetyCan't concur completely, Philip has a 7 figure problem he would benefit in countless ways using professional services but you are right most traditional advisors are not capable of helping in this situation.
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13 March 2024 | 15 replies
Permitting costs can be reduced for facilities with multiple buildings ongoing as they can negotiate discounts and use a third party to permit that is certified by the state.Now, you do need to transport the home, but here distance is a factor, sure if you are going to ship 100's of miles this can add up but in general there is a service area for delivery at nominal cost.Those designs over 1 story will cost more as you need to rent a crane but that is another area you can manage cost.In the end I am pushing back against a blanket statement that "modulars cost as much and are built to poor quality" because frankly that is wrong.
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11 March 2024 | 15 replies
Some companies (insurance or contractors) may not have eSign capabilities.
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11 March 2024 | 152 replies
I want to do these things as long as I am physically in shape, I'll save the cruise ship trips for later.There are so many ways you can structure RE: eliminate what you don't like and forcus on the things that you enjoy.
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12 March 2024 | 105 replies
Many of the people who come are capable and ambitious and will happily contribute to the US economy if we let them.
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11 March 2024 | 16 replies
You should also have been given copies of any rules that apply to their tenancy - even if they are month to month.For future reference, bonus points if you got a move in inventory checklist for each tenant before closing so you're able to document damages they're responsible for when they move out.However, it sounds like that ship has sailed.
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11 March 2024 | 28 replies
@Jay JonezIf you are doing subj-to, you should have the reserves / capability to refi.
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9 March 2024 | 0 replies
Hire active hyperlocal agents that are capable of identifying these specific single family homes.
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11 March 2024 | 32 replies
But until it was recorded as a lien -- capable of being foreclosed and affecting other interests in the subject property -- it may not have become a title issue.