14 May 2024 | 8 replies
@James Bruntfield the blanket loans that most banks offer normally have a higher loan amount than what these properties would qualify for. Ā
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14 May 2024 | 11 replies
G'Day Bob,Not many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.bBut that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done š¤·āāļøIf you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referredĀ "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success
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15 May 2024 | 11 replies
Many DSCR loan products offered do not have a seasoning requirement.
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14 May 2024 | 201 replies
The last final listing price was just $180 a sq ft, and who knows what the final offer actually was.Ā
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14 May 2024 | 25 replies
Again, the key thing to look for is not the direct booking site itself, but the level of Integrated messaging, contacts management, and/or third party CRM integration they offer.Ā
14 May 2024 | 1 reply
HMLs enable quick acquisition leverage which isĀ essential in competitive markets, and offer flexible qualification criteria, focusing on the property's potential.Ā
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14 May 2024 | 7 replies
I managed theĀ properties myself, and was offered a job out of state that required long-term international travel.Ā
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10 May 2024 | 2 replies
I am located close to Tulsa and just getting started and need to find a good multi family real estate lawyer anyone have any recommendations?Ā
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15 May 2024 | 11 replies
I contacted an investor, but within a few hours they had already accepted another cash offer.With that said, as a REALTORĀ®, I need someone on my immediate contact list that can place a cash offer for a property that quickly.