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21 January 2025 | 14 replies
Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.
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6 January 2025 | 9 replies
(If there is a PM, who will manage the PM and the oversight).Who will take care of the partnership return or forward the tax information if its a tenants in common property.Best of luck
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7 January 2025 | 22 replies
@Rene Hosman I’d be extremely happy with break-even, but I’d also be satisfied with ~$15k/yr.
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3 January 2025 | 3 replies
@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut
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4 January 2025 | 9 replies
The only exception I use is when the property is a high-end unit.Informative title makes your property look like a cheap business but it is still way better than common titles like cute, adorable, cozy.If you are charging over 1k per night, I think it is better to give more high-end title like Stay with 30,000 trees, tingle your inner artist with lake front retreatJust my opinion :)
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9 January 2025 | 9 replies
Hard money is a pretty common loan type for BRRRs or flips, it is handy to start.
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3 January 2025 | 3 replies
Where I live mice are common as the cold weather drives them inside.
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3 January 2025 | 2 replies
Everything you said is common knowledge.
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1 January 2025 | 5 replies
Is a shared bathroom common or should we add more?
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2 January 2025 | 1 reply
In real estate, blunt honesty often protects people from common pitfalls or predatory advice that oversimplifies the challenges of investing.