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24 April 2016 | 12 replies
The issue lies in the fact that REI's (real estate investors) tend to claim and write off a lot when it comes to tax time so after they purchase a property they came their rental in a manner which actually makes DTI worst often times.A well formulated loan approval and mortgage plan can take a lot of risk out of investing especially if you're using BRRR - buy-renovate-refi-repeat with hard money, private money, are trying to cash out to obtain your seed capital again, and or are looking to ensure a smooth exit strategy.I always recommend multiple exit strategies to mitigate investor/borrower risk.Hope that helps.
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7 May 2017 | 8 replies
This will help ensure the snow will not build up on the roof, as the snow will easily slide off the metal roof.Also I would say the metal is not always going to outlast the comp roof.
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19 May 2017 | 3 replies
Rental Agent shall use its best efforts to ensure the operation of all amenities in the Property, such as internet access, satellite or cable TV access or fireplaces as applicable.Rental Agent shall not be held responsible for such items failure to work, but will make every effort to correct any issues as reported as quickly as possible.Guest acknowledges that use of amenities such as fireplaces, lake, dock, decks, and the like may be potentially dangerous and involve potential risks if improperly used, particularly with regard to children and such use is at the Guest’s own risk.Guest shall use the Property for residential purposes only and in a careful manner to prevent any damage or loss to the Property and keep the Property in clean and sanitary condition at all times.Guest and any additional permitted guests shall refrain from loud noise (especially after 10PM) and shall not disturb, annoy, endanger, or inconvenience neighbors, nor shall Guest use the Property for any immoral, offensive or unlawful purposes, nor violate any law, association rules or ordinance, nor commit waste or nuisance on or about the Property.DEFAULTIf Guest should fail to comply with the conditions and obligations of this Agreement, Guest shall surrender the Property, remove all Guest’s property and belongings and leave the Property in good order and free of damage.No refund of any portion of the Total Rental Fee shall be made and if any legal action is necessary, the prevailing party shall be entitled to reimbursement from the other party for all costs incurred.ASSIGNMENT OR SUBLEASEGuest shall not assign or sublease the Property or permit the use of any portion of the Property by other persons who are not family members or guests of the Guest and included within the number of and as permitted occupants under this Agreement.
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17 April 2017 | 7 replies
Ensure to do your research and proper disclosure as these are very sensitive transactions.
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17 February 2017 | 6 replies
You may also want to reach out to a real estate agent/broker to ensure that you are getting rent from your tenants that is appropriate for the area.
17 May 2018 | 73 replies
Here is what I would recommend.Don't limit yourself in mentors or coaches but ensure that mentoring comes from people who are successful.
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11 May 2018 | 3 replies
How do I ensure that there are no liens on the property, especially IRS tax liens?
24 July 2018 | 3 replies
You need to make your offer directly to the seller and ensure that they will get enough money to pay the commission.
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22 January 2024 | 1 reply
- Ensure tenants know how to report water pressure issues.5.
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22 May 2018 | 44 replies
I love this as I FEEL like it ensures skin in the game.