Ludwig Koeneke
Appraisal before rehab
16 December 2024 | 8 replies
@Ludwig Koeneke There is an appraisal form type that you can order which gives both the AS IS value as well as the After Repaired Value based on the scope of work proposed that you submit.
Wade Hoffman
First fix and flip
14 December 2024 | 2 replies
I have been offered a proposal to partner with the broker on a house what percentage do I ask for if I am providing all the labor and he is the money?
Keara Mooney
Acquired Tenants / Lease Re-Structure
15 December 2024 | 2 replies
There was also a part of that law that enacts rent control anywhere in the state, which may affect your plans.Make sure any changes you are proposing to the contract are compliant with the "new" New York State housing laws.
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
In an "investment club" all members propose and discuss investments and vote on what investments the club will pursue.
Chris Seveney
Getting A Deed In Lieu at closing to store away
27 December 2024 | 20 replies
If the proposed loan is too risky because (1) chance of default is too high and or (2) cost of foreclosing too high or time it takes too long and we would otherwise decline the loan, we might offer to purchase the subject property for a price equal to the loan amount.
Jay B.
Dominion Financial Company
18 December 2024 | 16 replies
Once you complete their application process, they will determine you don't fall under their top tier borrower qualifications and propose terms that are far less favorable.
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
A terms sheet will tell a pro whether you know what you're talking about and give them a structure of the deal you propose, but it won't establish credibility with respect to your financial ability to pull off the deal.
Elijah Berg
36% Rent increse Two weeks Into First duplex as a 19 year old Investor
4 January 2025 | 23 replies
The tenants proposed the rent increase to $1200, not me......
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Great post, I already here people making major changes to their strategy based on the incoming administration as it relates to not only taxes but other proposals either discussed or used as scare tactics.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
You also need a detailed explanation of each cost item to solidify a clear scope of work for that specific task.Experienced general contractors provide computerized plans to show the current existing conditions and the proposed final floor plan.