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20 September 2024 | 17 replies
I use it daily and find the results vary by property from very accurate to wildly inaccurate.
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26 September 2024 | 8 replies
I would start by understanding Cash-on-Cash Return and CAP rates.
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25 September 2024 | 3 replies
By evicting for failure to vacate, you now make this a contractual issue.
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24 September 2024 | 4 replies
Hi all, For a rental home, tenant says bathroom floor keep getting wet, even though it is small amount. at first, they thought they dropped some water. after wiping water, however, it keep coming back and now they think there is some water leak. my plumber went to check and found no issue with bath sink. he thinks it must be shower leak. the shower was redone last year by a contractor, who i ended up firing since he did not show up to work later. anyway, i hired water damage restoration (Servpro) company to check how much damage there is now. unfortunately, based on my research, it is very hard to find source of shower leak. i am thinking of rebuilding shower. i hired a kitchen remodel contractor and he gave me two options; either fix shower pan only, or (optionally) rebuild shower as well.
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21 September 2024 | 33 replies
Then on after that, replaced by now songs of woe.
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24 September 2024 | 0 replies
Despite a slight decrease in total sales (-1.2% compared to 2023), average home prices have risen by 8.5%, with median home prices around $275,000 as of August 2024.
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25 September 2024 | 2 replies
Recasting is when you make a payment on an existing loan and update the payments - for example if I owed $100,000 and my payment was $600/mo and I paid it down by $40,000 recasting is they update the payment based on the new $60,000 balance.If I understand this correctly, you are selling a home which you will make $300,000 on and putting $200,000 down and keeping $100,000 to renovate?
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25 September 2024 | 11 replies
starting by just brokering loans is a good way to start in states that do not require a license.. raising capital from private investors to make loans is a long process And very difficult if you do not have a long track record or pedigree in the industry.. if someone is brand new they really need to go work for a lender first.. other wise IMHO the chance of success is very small.
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25 September 2024 | 6 replies
You could actually do this on your own by going through your Secretary of State website that would save you alot of money and am sure the EIN if free on IRS site too
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24 September 2024 | 8 replies
I read 'The Bankers Code' by George Antone and it drew me to private lending.