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18 January 2023 | 4 replies
It looks like the house is in pretty good condition from the exterior, have most of the mechanicals been updated recently to help put a little more cashflow in your pocket and less in CapEx?
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20 January 2023 | 11 replies
We let the mechanicals (elec, plumbing, HVAC) provide the wires, tubes, duct, etc. for the rough-in stuff.
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15 January 2023 | 10 replies
It gave me a lot of insight into house flipping mechanics.
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8 November 2019 | 23 replies
The renovation should be consistent with current design trends, there should be emphasis on replacing items that lead to deferred maintenance (Capex), and lastly property management.
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11 December 2017 | 1 reply
This was a simple ACH transfer, not a wire.Deciding this was unreasonable, I opt to use their "Bill Pay" mechanism to "pay myself" since I of course, am transferring the money so as to pay a bill.
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25 December 2020 | 13 replies
I place an emphasis on "see," as my observations are backed up not by data but antidotal observations.So for those of you with a horse in the race or boots on the ground, do you have any insights on the current state of the rental market in Butte (especially with regards to single family homes)?
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23 January 2023 | 3 replies
There is a mechanism called "sale lease-back" with an option for repurchase that a private investor or lender might be interested in so as to get you the cash you need from the ARV but still give you the ability to buy the house back at a set price with a conventional mortgage.
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8 December 2022 | 0 replies
Note that HOA liens are usually subordinate to mortgages and mechanics lien, meaning these liens may still be on title, thus new owner may be liable for those liens.POST-FORECLOSURE EVICTIONAfter a successful bid, the bidder receives a deed as new owner of the property.
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23 January 2023 | 10 replies
I know there are areas of the country without zoning, but often they still have de-facto zoning via some other mechanism like use or a density based criteria like units per lot...not saying that's the case where you are, it's just becoming much less common for there not to be zoning and building restrictions anymore.
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10 January 2023 | 21 replies
Who knows what else is going on.Was it a mechanics lien?