2 December 2024 | 17 replies
This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.
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28 November 2024 | 4 replies
Previous issues that were reported were relatively minor and were addressed a few years ago, so there’s nothing outstanding in that regard.Some title or certificate of occupancy issues can cost tens of thousands to six figures to resolve.
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27 November 2024 | 3 replies
Outstanding!
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7 December 2024 | 150 replies
Much of this is loan underwriting and it can identify a quality note.Today, you should turn over any note you buy to a mortgage servicer, for about $300 +/- a year you'll avoid tons of regulatory issues, tax filings, notices required and collections with a performing note.
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1 December 2024 | 91 replies
I think the problem here is your lumping ALL syndicators, regardless of operational time and quality, into 1 big generalization.
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2 December 2024 | 35 replies
@Mike TikhRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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30 November 2024 | 1 reply
This modern home is part of Griffin Modern's mission to create affordable, high-quality residences within walking distance of downtown Griffin.
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30 November 2024 | 3 replies
I think the business has pretty thin profit margins and they tend to take on too many units, which results in the quality going down.
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28 November 2024 | 4 replies
Let them know that there will be routine quality control checks/inspections so that if your third party inspector finds any issues with quality, the GC will be responsible for paying for the correction.These are just some theories that I think will help and plan to implement when I operate out of state flips.
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6 December 2024 | 45 replies
@Erich OertelRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?