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26 May 2024 | 3 replies
If it is follow the requirements in the documents.
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28 May 2024 | 25 replies
It's possible the deceased father agreed to let her manage the property and keep the rent net for her troubles, but the title/ownership remains in him so his heirs would inherit it as a legacy.I suggest your friend familiarize himself with the statute of frauds which I believe requires agreements regarding real estate be in writing to be enforceable.
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25 May 2024 | 6 replies
@Yanting Wang many investors are buying, "build to rent" properties.They are all being told that in buying a new construction property, they shouldn't have maintenance issues for 5-10 years, which will increase their cashflow/profit.Well, tenants have a way of breaking things, not taking care of problems and letting them become maintenance issues, and this is on top of the fact that most new construction properties require several warranty repairs by the builder in the first 12 months.As others have pointed out, you must live in the property for the first 12 months for an FHA mortgage or take your chances with committing mortgage fraud.
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24 May 2024 | 14 replies
Is there a way to see online what areas are growing ?
25 May 2024 | 4 replies
What is the process that requires me to be licensed with FINRA.
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23 May 2024 | 1 reply
Recently, many of those seller carried mortgages are coming due and clients have reached out for either advice or recommendations for their refinance so I wanted to share a public synopsis of what's generally required by lenders and what to be prepared for.
25 May 2024 | 1 reply
take a higher percentage downpayment make sure they are liquid, sign a longer term lease, give yourself out clauses, ask about ada accessibility or requirements for occupancy from the VA
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25 May 2024 | 8 replies
.* Go to nearby market areas/neighborhoods and find reasonably similar duplex sales and adjust for market area/neighborhood differences as required - along with the other adjustments.* Find reasonable 3 or 4 unit (not more than 4, and they can use sfr's, but those are typically not as good for comparison.
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26 May 2024 | 45 replies
Curious, is there a dedicated online group for investors in the Daytona area for meetups/knowledge sharing/etc on Facebook or here on bigger pockets?
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26 May 2024 | 5 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?