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24 July 2024 | 9 replies
My understanding is that when it's a VA loan the seller has to pay the entire escrow fee rather than splitting it with the buyer, so it's a bit more expensive for the seller.
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24 July 2024 | 1 reply
Between the late notice and the eviction notice I am receiving calls and texts from tenants who can not pay or I am contacting them.
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25 July 2024 | 12 replies
Loan amount is low enough but be prepared for higher rate and sometimes pay a flat fee for the loan.
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24 July 2024 | 18 replies
Broker will pay 2.5% of/from the sale price.
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25 July 2024 | 3 replies
You could pay her back over time with interest, similar to a loan.
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25 July 2024 | 14 replies
This looks like many things but here are some idea starters for you:- Ensuring that payments are automated for receiving rent, paying mortgage, paying utilities- Ensuring the lease version used is up to date & calendar notifications are on for renewal periods- Tenant screening process is defined and followed- Turnover process is clear and team is in place- etcIf you need a CPA suggestion, I love Samantha Kelley.
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24 July 2024 | 6 replies
A good deal could be that the upcoming vacancy presents the owner a unique opportunity to reposition and add value the property (basically finding a tenant that pays higher rent and therefore raise the NOI).
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23 July 2024 | 8 replies
Each one you own gives you some quantity of positive cash flow, plus tax write offs, plus mortgage pay-down / equity gain.
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21 July 2024 | 9 replies
Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.
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22 July 2024 | 3 replies
I'm about to begin my journey as a commercial real estate developer by constructing a 20,000sqft building in Georgia.What do I need to know about analyzing sites, pricing development, planning build out, getting tenants, etc. as I get into commercial real estate development?