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16 January 2025 | 12 replies
Respond within minutes to each one, as tenants often go with the first responsive option.Ensure you have high-quality photos that make your property stand out against the competition.
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21 January 2025 | 8 replies
Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.
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15 January 2025 | 13 replies
Just wondering how many folks would really use this that are like I said not really educated on how title and escrow works and I find East coast folks to be highly reliant on closing attornies and have very little knowledge of title and escrow functions..
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23 January 2025 | 31 replies
I invest almost exclusively internationally but I would generally never invest in long-term rentals, unless the rentability is very high, which it almost never is.6.
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27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
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25 January 2025 | 13 replies
We pay $850 for a WH install, so, that seems high but you are in CA.
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21 January 2025 | 2 replies
You have to find their problem.There are a lot of high-net-worth people looking for opportunities to enter the hospitality space but lack the operational know-how you’ve clearly demonstrated.
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24 January 2025 | 4 replies
Keeping our overhead low and estimated revenue high.
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16 January 2025 | 1 reply
Also, which choice is better for you highly depends on what your real estate goals are and the experience level & skillset of the specific agent.Traditional agent and Redfin Agent could essentially be the same thing in many cases.
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18 January 2025 | 2 replies
., Richmond, and Detroit led rent increases, while Austin and Raleigh saw year-over-year declines due to high supply.