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19 June 2024 | 3 replies
As Gino stated, I think the biggest challenge will be financing with negative cashflow.
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19 June 2024 | 10 replies
You will need a minimum of 740 and DSCR above 1.20 AND not every state will allow 80% level.
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19 June 2024 | 32 replies
The technical permissibility of the transfer aside, as others have stated, it pretty worthless to you in the context you described.
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18 June 2024 | 1 reply
What is the expansion plan from the city?
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19 June 2024 | 3 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.
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19 June 2024 | 42 replies
In many states the lender can't even get a default judgment against the borrower if it was a purchase-money mortgage.
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18 June 2024 | 15 replies
If they went from $3000 to $6000, I'd be on the phone with the city finding out why.
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20 June 2024 | 30 replies
i think you had posted in another thread about starting out of state, and i'm curious where you chose.are you talking to lenders already?
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19 June 2024 | 1 reply
Depending on the state of those facilities it could make sense to secure a renter before renovating so that you build the area out for the long term renter.
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18 June 2024 | 3 replies
I went with her to the office and she asked for her tenant file ledger so she could see how could it amount to $5,000 and they said no they won’t give it to her ( isn’t that wrongful of them to do so ) and they said she’s being evicted for ultiltes not being paid from 07/01/2023 until todays date - wouldn’t that be wrongful because notice states differently and even when adding up ultites until todays date doesn’t add up to 5,000$ I just need some help with this because is doesn’t make sense or seem right if anyone could please give advice and also the utility isn’t in her name & the lease yes was stated for her pay the utilities but her lease wasn’t renewed and was now a month to month term and that started last year so how can someone rent a apartment to a individual and not give notice to renter to pay certain things but wait a year or half years notice to eviction even though rents been paid on time