26 May 2024 | 0 replies
Outside of real estate, I enjoy spending time with my family (wife of 10 years, 8 year old daughter, 4 year old son, and Bernedoodle), strength training, and playing guitar.Excited to learn and connect with you all!
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28 May 2024 | 26 replies
I sent you a dm to connect further!
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26 May 2024 | 19 replies
That would be the proper way of doing it
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26 May 2024 | 13 replies
Hi @Eddie Pietschmann, I can refer you to a great DSCR lender.Feel free to reach out to get connected.
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25 May 2024 | 15 replies
It is the rare pet owning tenant that properly cleans the tops of door casings, inside heating vents, along the edges of baseboards, and a hundred other places where pet hair and dander gets caught, so you can generally count on needing extra cleaning. 4.
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25 May 2024 | 8 replies
The proper way to approach this appraisal problem is (summarized below):* find reasonably similar comps - find relatively recent duplex sales in the Subject's market area and adjust for differences, based on market response (i.e. how much more/less buyers would typically pay for certain characteristics like size of units and lot, location, quality/condition, etc).* In the absence of similar comps - go back in time to find any similar comps, no matter how long ago and adjust for market trend differences (appreciation, etc), as well as other adjustments as typical (size, bed/bath, condition/quality, location, etc).* Go to nearby market areas/neighborhoods and find reasonably similar duplex sales and adjust for market area/neighborhood differences as required - along with the other adjustments.* Find reasonable 3 or 4 unit (not more than 4, and they can use sfr's, but those are typically not as good for comparison.
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24 May 2024 | 6 replies
My specialty and focus is on buying sub to and you have to bring ALL your own docs, trusts, POAs, disclosures, how to add proper adendums to the purchase contract etc.
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26 May 2024 | 102 replies
(I think proper due diligence would catch all the non paying tenants) as an LP I don't know how to check if that was done.
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27 May 2024 | 11 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.
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26 May 2024 | 12 replies
Most of my clients are here in Galveston so I would love to connect!