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22 January 2025 | 0 replies
Ineffective or Absent Conflict Resolution ProcessEvery successful group of people needs an effective conflict resolution process characterized by:simplicity to understand and remember;quickness to start and complete;a clear vocabulary.My company, Livingsmith uses and recommends the 5-on-5 Process for conflict resolution in co-living homes.2.
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10 February 2025 | 21 replies
I can not seem to get an accepted offer as my offers are not cash, so I have not seen them through the entire process yet
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28 January 2025 | 42 replies
I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.
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27 January 2025 | 5 replies
Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).
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23 January 2025 | 4 replies
I can walk you through one of our recent Equity Splits so that you can understand the process.
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25 January 2025 | 3 replies
Evicting them, even after purchase, could be a lengthy and costly legal process.
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22 January 2025 | 7 replies
The work around is part of the application process is to tour the property, but still, why put yourself in that position?
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21 January 2025 | 4 replies
I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.
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23 January 2025 | 1 reply
At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.
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24 January 2025 | 21 replies
A strong team can streamline processes and reduce headaches.Expand Knowledge: Podcasts and forums like BiggerPockets are great tools.