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20 July 2024 | 4 replies
Any help is appreciated, thanks - and of course once we have the plan we will probably need an agent in OBX...
18 July 2024 | 6 replies
Are there area-specific obstacles or opportunities that I should consider before choosing Indianapolis?
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20 July 2024 | 22 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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19 July 2024 | 23 replies
I plan on buying at least a couple other 2-3 unit properties in the area (Newark, Jersey City, East Orange) over the next 2 years, so it will be great have a contact.
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20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC
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19 July 2024 | 0 replies
The area I am targeting is a vacation destination that is rather seasonally resilient (working theory backed by decent to moderate research so far).If I can get past the zoning hurdle specific to mainly "wastewater" - referring to the collection of the toilet, shower, and sinks discharge - I want to purchase 10+ acres that allow me to scale to something quite significant in time.
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19 July 2024 | 7 replies
If you have specific questions about property management, I'll be happy to help!
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18 July 2024 | 10 replies
Besides, these determinations are almost certainly state-specific, possibly even county- or municipality- specific as you pointed out.In my home state of Texas, burdens are conveyed on the date of the tax auction, as far as I know.
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25 July 2024 | 62 replies
The only point I would maybe add is that in this type of environment only big box landlords and property owners can competeOn the first interview on the BP podcast with Grant Cardone, he specifically said he wants to invest in Blue states because of all the above mentioned items you listed....but that's Grant Cardone he can afford to take on the extra burden that comes with crushing regulation.
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20 July 2024 | 5 replies
We are in talks with a lender and plan on taking out a home equity loan soon on the house we are rehabbing to finance the rehab.