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13 November 2024 | 13 replies
Then, you can find cash buyers by accessing a list of properties sold without a mortgage lien.iBuyersiBuyers, also called instant buyers, are companies that buy homes using real estate technology and third-party title companies. iBuyers are often real estate tech companies and purchase a high volume of homes each year to resell.
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11 November 2024 | 2 replies
Or just start out collecting a fee or hire a third party to manage.As for a buyout down the road, you could put an agreement in place from day one that specifies a set time period that you will buy out the partner.
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15 November 2024 | 15 replies
Here are some reasons why the wholesaler pricing may not work:They do not understand how to calculate the rehab or the ARVThey are NOT the party under agreement with the property owner and are part of a daisy chain with another wholesaler (or more than one).
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11 November 2024 | 5 replies
While you can't create limitations against their lease and legal rights they have for quiet enjoyment, things like keeping common areas free of clutter or routine maintenance items that are tenant responsibility can often be added to help keep the expectations on both parties clear.
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11 November 2024 | 12 replies
This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).
11 November 2024 | 3 replies
If you do offer something like this, as you likely know, be sure to document it with a lease amendment signed by both parties.
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11 November 2024 | 2 replies
Otherwise many many many agents spend a lot of time and effort finding property and writing contracts only to find that the funds can't be transferred, or they don't have immediate access to the funds, or they need some kind of approval from 3-4-5th parties, or there are exchange restrictions, or 9000 other excuses.You probably need to find them a commercial broker who can handle whatever kind of investment they want to make.
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11 November 2024 | 29 replies
Neither remote or 3rd party management will work...it will take local, hands on, full time management.
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11 November 2024 | 11 replies
Less down almost always = higher interest rate.Second part is raising the equity from investors.
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10 November 2024 | 4 replies
"Upon termination of this lease, tenant shall continue renting on a monthly basis until either party serves the other with a 30-day Notice in writing."