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5 June 2024 | 27 replies
How realistic is it to find a cash flow positive property when investing from out of state?
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6 June 2024 | 1 reply
Fortunately, all three inspectors (from different departments) were very supportive and one inspector even stated they will not return, even if another complaint is filed.I want to offer a cash-for-keys option, but since the tenant's attorney is from a nonprofit, I feel she will fight for her tenant to stay.
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8 June 2024 | 5 replies
Does not have to be local, since these are mostly general issues, not State (I've used advisors in other states but for other issues).
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8 June 2024 | 1 reply
While the deal does not hinge on the ground-up phase, it could provide a significant upside.After consulting with the City Zoning Department and reviewing the dimensional regulations of the neighborhood district, it appears that my plan is feasible.
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10 June 2024 | 12 replies
There is NO getting around the fact that you own the property/business other then a TRUE no-recourse loan (which will not be an option for small mom and pop investors) and no if the loan is on your credit report has no effect either as credit report is NOT the only source.The premise of DSCR loans is for borrowers who cannot qualify for full doc loans for one reason or another, but it seems the real premise of DSCR loans is because of the commercial purpose designation is that a lot of states do not require licensing of any type to sell these products.
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6 June 2024 | 6 replies
Taxes should be in the underwriting but at the same time, the percentage charged by the local city/county/state should be baked into the nightly rate.
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8 June 2024 | 7 replies
I am looking to invest out of state into small multi family and would like to build relationships with mentors and investors alike.
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8 June 2024 | 22 replies
Now, they are asking for another 9K to finish the work that is needed to get clearance from the state.
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9 June 2024 | 36 replies
You can add them subtract them use conditional logic.. truly fascinating and a POWERFUL tool to master.Imagine you are in a city, and one investor is in that city, and the rest are homeowners.Let's make an assumption that DMM actually works (it truly doesn't, but let's assume it does).If one investor sends everyone mailers, great!