16 March 2024 | 5 replies
- own them outright- plan to owner finance at 10% down 10% interest I use a title company and attorney for closing along with servicing company once done.
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16 March 2024 | 13 replies
Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.
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14 March 2024 | 11 replies
Was in a purchase agreement with a “wholesale company” from CO.
16 March 2024 | 1 reply
MCMANN CAPITAL - WALT TROCK AND MICHAEL LANZA (they changed their company name from McMann Commercial Lending) GENIE INVESTMENTS - DAVID HUGHES AND MIKE CONNER.
17 March 2024 | 13 replies
I think the reality is that Airbnb is a larger company with a larger IT department so their software is more sophisticated and they have the staff to make software changes in a timely fashion to meet state and local laws.
17 March 2024 | 8 replies
Depending on the company, you may have to get a sepparate policy if the lot has had any improvents (cleared, electric run, Plumbing run, grading, etc.).
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14 March 2024 | 9 replies
FYI, I'm not one of those "introverts" who likes to fake it and can talk with lots of people all the time like some present themselves as.
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16 March 2024 | 10 replies
The Homeowners market is limited as well with the mass exit of companies from the State.
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17 March 2024 | 12 replies
The title company gets paid when you buy.
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16 March 2024 | 8 replies
I started doing that on my properties years ago when I had an incident when a mortgage company did not pay my property taxes, even though I was paying through escrow, and I had to make the payment myself and fight to get it back to me later to avoid a tax lien on a property.