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29 May 2019 | 2 replies
Hi Jacob,Traditional finance is very difficult to obtain.
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2 July 2020 | 5 replies
We definitely looked at, and estimated those bigger items.
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29 May 2019 | 6 replies
.- Increasing Demand Across Age Cohorts: Boomers downsizing coupled with a growing number of Americans who can no longer afford to rent or own traditional housing continues to drive demand for MHC - see chart below.- Limited Supply: Only 10 new MHC sites have been approved in the U.S. over the last two decades - see chart below.- Downcycle Outperformance: MHC is the least sensitive property type to negative changes in GDP.
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9 June 2019 | 14 replies
I mention these types of Banks because traditional banks or the big boys tend to have higher interest rates but less than hard money.
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31 January 2021 | 68 replies
They know that most of the large items will have lifetimes in excess of 10 years.
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20 August 2019 | 16 replies
Do a regular follow up with the tenant - may be conference call with owner and tenant once a yearIs it fair to ask these items added to agreement?
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29 May 2019 | 6 replies
Because I want to BRRRR it, traditional lending is not something I want to do.
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1 June 2019 | 11 replies
Some investors will pay $475,000, in auction the wholesalers will try to snatch it for $430,000 (There are all sort of reasons why this happens, maybe it was the last item at the auction and people used cash and bought other items, maybe somebody was a second too late and the auctioneer didnt get their bid - in NY the auction goes SUPER fast) so they buy it for $430,000 and give a check or cash for $43,000 (now they have contract) they reach out to everybody and offer the property for $450,000 so to the investor paying $475,000 $450,000 is a great deal.
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29 May 2019 | 4 replies
The old lady is a emotional item.
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30 May 2019 | 61 replies
They are more expensive on handyman repairs, but very reasonable when it comes to larger items like water heater, HVAC, where they have connections and do not up-charge me.