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18 February 2025 | 16 replies
We are not in a normal world.
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18 February 2025 | 21 replies
Ask them to update your photos and put your best foot forward.If the market is doing well and your PM is marketing poorly, then you have a case for complaint and/or moving to a new manager.
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3 February 2025 | 0 replies
It's not just about creating beautiful spaces; it's about making every square foot work hard for both the investor and the end-user.Optimizing Space UtilizationThink about how reconfiguring a floor plan can add value.
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18 February 2025 | 9 replies
Be mindful that there are rules that the lenders want you to check off.Furthermore, there are other rules on the tax side where you want to normally be under to get the most tax benefits.The magic number in both instances is '14 days'Lenders want you to stay atleast 14 days to meet the secondary home requirement.The tax accountant normally wants you to stay less than 14 days or 10% of the days it was used as a rental to treat it as a rental and not as a personal residence.Best of luck!
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13 February 2025 | 7 replies
Too large to be a normal convention loan, but not big enough to be tasty for an investor that wants some size.
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16 February 2025 | 7 replies
Now, I'm imaging a scenario when every one of these tenants move out that I'll be paying their entire security deposit + interest even if there are damages beyond normal wear and tear.
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19 February 2025 | 1 reply
I have been using a deal analyzer spreadsheet that I found some time ago and that has served me well for analyzing "normal" deals with a downpayment and lender financing.
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19 February 2025 | 8 replies
So, basically you are using the $500k in crypto to secure what would normally be your 20-25% down payment in a normal financed deal.
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12 February 2025 | 7 replies
For example, if one is looking to buy in PA but lives in NJ, is the typical process to inquire with banks local to the property in PA or is it normal for NJ banks to approve out-of-state?
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17 February 2025 | 3 replies
Normally you are responsible for the portion of the year you own the house, and the previous owner is responsible for the time they owned it.