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24 April 2020 | 25 replies
On the other hand, this recession is not being caused by poor standards, or greedy businesses or over investing, (Animal spirits as our current economic system would define it).
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4 May 2020 | 6 replies
I did a future pricing expectations episode (episode 3) on my youtube channel - the owner's surveyed said they were expecting most deals to transact between 5-9% cap and that's fairly consistent with what I've seen in the marketplace.Also, this is an extremely broad metric (meaning that it could differ greatly depending on region and how COVID 19 has affected the area), the owners surveyed were anticipating a 15-25% price drop as a result of everything going on.I haven't actually heard prices dropping yet from the broker /owner / industry convos I've had - but it's something to think about as you try to price future purchases.
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23 April 2020 | 3 replies
More companies and employees will likely be open to it.Of course, this is a broad category but I truly think there will be opportunities there.
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26 August 2020 | 5 replies
As long as both houses meet the minimum property requirements as defined by the VA and they are on the same tax parcel, I think it is possible.
24 April 2020 | 2 replies
That contract defines the relationship, and you get to write it.
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30 April 2020 | 14 replies
The term LTV gets thrown around loosely in this industry to say the least so make sure they quote define what your gross loan amount will actually be because there will be an ARV cap as @Nathan Cross alluded to.The loan structure you quoted is quite common but in most instances, you will need to have the liquidity to up front the rehab costs and then you will get reimbursed based on a percentage of completion.
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30 April 2020 | 8 replies
Shoot for a broad index fund or something that pays a decent dividend.
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24 April 2020 | 2 replies
When using acronyms in our writing we must find ways to define the acronym such that readers will fully understand. 3.
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25 April 2020 | 3 replies
Roles- What kind of roles did yall define in your agreement?
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30 April 2020 | 9 replies
Hi Patrick - I think the best way to familiarize yourself with a neighborhood is to first visit the area in the day and night to further define what you may call "safe".