Beau Alesi
Looking to buy
25 January 2025 | 7 replies
So basically in my mind this would not be a great financial move as we be accruing about 200k more in debt if we were to sell one house and take the cash from there and use it as a down payment.
Ken M.
So, What's the Difference : Assumption vs SubTo (Subject To)
23 January 2025 | 1 reply
At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.
Jacob Moore
New Investor Here Based In LA!
21 January 2025 | 2 replies
It will familiarize you with the basic terminology and benefits.
Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Take it with a grain of salt as safety is subjective.You could also ask your Realtor and property manager their thoughts and maybe next time they are in the area to take photos.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
Cosmo DePinto
Has anyone used Anderson Advisors?
27 January 2025 | 10 replies
@Nathan Gesner is on point yet again, start with your basic estate plan first just like he did.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
Basically - I want a PM who keeps the property in good shape and occupied to get paid, and a PM who is either bad at maintaining properties and finding good tenants, or just really unlucky, to not get paid.- PM charges 8% of rent, which escalates to 10% if the property exceeds 95% occupancy with rent collection. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Alex Minter
New to Real Estate Investing
23 January 2025 | 23 replies
It will familiarize you with the basic terminology and benefits.
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 2 replies
But I think you are asking for a standard timeline for a basic transaction @Kiryl Ulanovich.
Ji Yang
Has anyone done business with Four Peaks Capital?
19 January 2025 | 56 replies
pretty basic website with no indication of what they do.. but I like it that the principals are on there with a bio.. you should be able to do some background on them.its all about the team..