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10 April 2024 | 7 replies
Real estate pricing is based on demand and desirability so very cheap properties are often money pits with high maintenance and high vacancy.
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10 April 2024 | 59 replies
So not only are local municipalities not allowed to require OO on an ADU, based on this section they may allow JADUs but are required to require OO on a JADU.I'd be happy to be discuss an alternate interpretation on these sections...I'm not an attorney, so I'm sure there are some legal vocabulary and context type discussions that can be had here.
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9 April 2024 | 7 replies
I actually started flipping with little money and then transitioned to wholesaling because my goal is to build an active business in real estate, and for me, wholesaling was and is more scalable and profitable than flipping.People tend to think wholesaling is easy based on how gurus portray it online, but it's not.
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8 April 2024 | 9 replies
It's essential to evaluate each deal individually, considering factors like your specific market, property condition, and your own risk tolerance.Here's a quick summary of what you might do:70% Rule: Use this as your initial benchmark to assess deals, especially if you're looking at traditional financing with 70% LTV as a goal. 75% Rule: When you have access to lenders offering DSCR loans at 75% LTV, adjust your analysis to match this new lending option.
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9 April 2024 | 6 replies
I think bringing a design expert to run through these properties with the contractors and put together the design based on a specific budget would be a good idea.
9 April 2024 | 2 replies
The tenant is telling the PM that HUD was approving based on old income and they are going to have it readjusted.
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7 April 2024 | 2 replies
I also found an interesting house hacking web site I can post later - can’t get to that pc right now.
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9 April 2024 | 7 replies
Usually takes 3 years to cycle through customers till you get a base of good customers.
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7 April 2024 | 34 replies
Suddenly the address is messed up cause Zillow can't figure out why there is a 123 SW 1 STREET that's owned, but 123 SW 1 STREET UNIT C for rent, there isn't a good match and your data is purged or scrambled, and the location marker for that property goes to a nearby intersection instead of on the property.
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9 April 2024 | 12 replies
This isn't just about keeping things organized; it's your safety net if things escalate legally.Legal Grounds Check: It's wise to touch base with a legal expert familiar with your local landlord-tenant laws.