14 July 2024 | 5 replies
What are some features in property management software that are absolutely vital?

16 July 2024 | 2 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

16 July 2024 | 12 replies
of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance.

16 July 2024 | 41 replies
That is why I think that it is a vital separation between a person that just becomes a member and posts a logo up versus a person with a designation.I tried to condense my thoughts so I hope that makes sense.

15 July 2024 | 23 replies
With this methodology, high real estate prices and high turnover in properties do not equal A neighborhoods.

15 July 2024 | 26 replies
If you’re nervous tell people you have to meet the pet but I wouldn’t automatically assume smaller equals better and larger equals worse. 3) If landscaping is the dealbreaker just pay for it.

14 July 2024 | 9 replies
A little background information in case it's important: there are 3 partners holding equal ownership in the LLC, only one of us lives in MI.

13 July 2024 | 2 replies
Draw schedule to be agreed upon prior to closing.Term: 1 YearFee to Lender: 2.5 points – ($13,125 paid at closing from loan proceeds).Interest Rate: 11.5% Interest-Only billed monthly on outstanding balance.Interest Reserve: $15,000 – approximately 6 months interest, paid at closing from loan proceeds.Once interest reserves are depleted, borrower to make interest-only payments monthly.Pre-Payment Penalty: Should loan be paid off prior to interest reserve funds being depleted, a pre-payment penalty will be charged equal to the amount remaining in interest reserves at time of payoff.Loan 2: Loan amount 490,530.60Lender Points: 3%broker points: 1%rate: 11.99%Term: 12 months (interest only)Prepayment penalty: NoneProcessing fee needs to be wired before LOI can be issued

13 July 2024 | 8 replies
The scale of economy in this route is very appealing and offers a different kind of stability and growth potential.I’m equally interested in both options.

14 July 2024 | 13 replies
This means that your monthly rental revenue should ideally equal at least one percent of the whole cost of the property, which includes the purchase price as well as any necessary modifications.