
25 March 2020 | 2 replies
I am more than happy to help people who are proactive and try.I also had three maintenance issues come up and we made sure to get them fixed the same day or the next day.

24 March 2020 | 2 replies
ie, does it bisect a building or reduce the frontage below the required minimum?

25 March 2020 | 3 replies
Should we reduce the price?

30 March 2020 | 20 replies
I totally agree and I am trying to reduce the holding costs by using HELOC and conventional loan as opposed to hard money.

5 May 2020 | 29 replies
I've been very proactive on communicating with my agent and lender, so haven't had too much trouble there, but I know some things could have been handled faster given face to face meetings.

19 August 2020 | 3 replies
The SBA has drastically reduced their requirements for acquiring a small business disaster relief loan.https://www.sba.gov/disaster-assistance/coronavirus-covid-19I know there are a lot of locals here on the Austin forum that make their living in the industry.

25 March 2020 | 3 replies
A couple things that help in being proactive when your appraiser comes by is to have your own set of comps printed out as well as an expense list of updates you have made to the home that you can give the appraiser just to show you have also done your due diligence.

31 March 2020 | 11 replies
(*Thoughts: Private money seems to be dependent on knowing someone (which I don't), Hard money seems more feasible, VA loan would require the home to be livable (which in turn may reduce much of the potential value add), conventional loan would require less stipulation than the VA loan, and personal credit cards (Not a bad option with 0% balance transfers and commitment to pay down.

27 March 2020 | 9 replies
So I'm trying to apply the BRRRR method and I came across a speed bump of my DTI.
I had the lender tell me my DTI was to high.
So basically the routes I could take is rent out my current home and I guess they give...

28 March 2020 | 4 replies
I think these types of investments work for three specific scenarios:1) You can buy multiple of them in the same building and use them only for STRs via AirBnb to reduce operating costs and maximize returns.2) Investors whose portfolios already have lots of appreciating properties and they want a luxury lifestyle at a fraction of the cost.3) Seniors on a fixed income with limited resources who plan to carry them through retirement.