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26 February 2024 | 28 replies
As we know there is build time from when permit is issued and build time including the time it takes to get your drawings ready and get building permits.
23 February 2024 | 2 replies
The seller can not include abandoned property (vehicles, trailers, etc) if they are not the legal owner.Game cameras are a god send!
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22 February 2024 | 1 reply
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents started to rise after the holiday season.
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23 February 2024 | 3 replies
Fees (including points) are obvious, but lenders also can (and usually do) bump the rate a wee bit to make a "yield-spread premium" or "back-points" on the deal to further increase their profit.
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21 February 2024 | 7 replies
We should have waited till we could line up our own financing to buy an STR ourselves.
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23 February 2024 | 26 replies
For a primary residence purchase however, there are a lot more options including 3% down conventional programs and even 100% LTV FHA where the same lender gives you a loan for the 3.5% down payment.
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23 February 2024 | 2 replies
Most of my investor friends including myself have stopped marketing in the Nashville core for rentals.
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22 February 2024 | 11 replies
I then include a letter from the lender indicating a pre-approval for the funds.This way the offer looks good (no extra contingencies), but is completely transparent with the financing details.
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23 February 2024 | 16 replies
Inflating AUM by including the whole of something your company only has a 10% investment in related to transactional services at the time of formation/acquisition is a material misrepresentation.
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24 February 2024 | 13 replies
Regarding the default rates on credit cards, I'm not seeing it in the recent (not including current and last quarter) statistics.