Danae Pitcher
2025 - Where We Are Going & Where We Have Been
2 January 2025 | 7 replies
More big name companies will join the STR industry and hosts who are not exceeding expectation will be weeded out by their money power.
Andrew Slezak
Quitclaim to LLC?
4 January 2025 | 4 replies
Thanks for the heads up, I’ll call the mortgage companies.
Anjali L.
SSN for tenant
4 January 2025 | 6 replies
You should only need the SSN or license if you are hiring a collections company.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment
Chris Seveney
Home Payments as % of Median Income
1 February 2025 | 13 replies
The average person would be shocked but even our enemies like Iran and Russia are still buying our assets through shell companies.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
Hi Fernando....I'm a broker looking for a company that does DSCR loans with no or very little seasoning to allow for the value instead of the Purchase Price.
Kandice Morgenstern
lease clause for tenant expectations/responsibilities during mandatory evacuations
30 December 2024 | 4 replies
Otherwise, they have to eat the extra expense just like homeowners do.I would talk to an attorney and your insurance company.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
One of my bizz partners sold his garbage company to waste management for 75 mil his balance sheet is a crack up.. house in Napa valley house one in Lake tahoe hunting ranch some commercial in downtown Napa. and a big huge wad in triple net munis and zero debt.
Hellen Sut
Collecting unpaid rents after eviction
4 January 2025 | 9 replies
Once the ex-tenant/ employee quit working, the company stopped sending the garnishment checks.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
I know people who do this and I do not believe there are issues with it, but speak to an attorney and they should probably notify the company if they are an employee of that company that they are doing this.