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22 September 2024 | 3 replies
There are people who will go out and find anything that they can to get a free/discounted stay.
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16 September 2024 | 16 replies
Most contracts are 30-days which should not be a problem to close on time even if you reach out to a lender a few days after getting the contract.Most lenders will provide 100% of the rehab funds, but they are not provided up front as they are released in draws.
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18 September 2024 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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21 September 2024 | 7 replies
A rule of thumb I use to advise my clients is: 1) the loan guarantee is worth 20-25% of the deal, 2) finding and vetting the deal is worth 25%, 3) executing the business plan for the property is worth 25% (i.e., overseeing contractors/property managers, etc.), and 4) contributing the money is worth 25-30%.
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21 September 2024 | 8 replies
To manage this, find the average electricity, water, and gas usage in your area.
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22 September 2024 | 41 replies
I would consider allowing someone to arbitrage a rental house of mine for STR it if it were empty and I was having a hard time finding a tenant.
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20 September 2024 | 9 replies
Find deals that work based on current mortgage rates.
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21 September 2024 | 0 replies
Good profit margins How did you find this deal and how did you negotiate it?
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21 September 2024 | 0 replies
The contractor took 3x as long, raised the budget by 70% as kept finding new little things it needed.
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18 September 2024 | 2 replies
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