5 May 2024 | 5 replies
I think it is then considered a pass through entity, but is not if you have partners.
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6 May 2024 | 6 replies
I know there are a lot of people effected by this, and we need to build an alliance to resolve this matter through legal channels.
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6 May 2024 | 5 replies
I even got an email from a private lender offering a loan AND the collateral due to the borrower burning through capital and now they are stuck with it.
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6 May 2024 | 6 replies
I know that running comps is something that needs practice to understand, but as somebody who is still learning, I like getting a rough idea through dealmachine/propstream.
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8 May 2024 | 26 replies
The best way to be certain of market rents is to work with an experienced local property manager and have them go through your property and give you the market rents and what/if anything you could do to improve the property and rents.Short of that, look at similar rentals to yours that are listed and use a comparative market analysis method to determine market rents.Really recommend working with a local property manager for making your ownership experience as passive as possible, for compliance issues related to renting, and to help you scale to more properties leveraging the property manager's time and experience.To Your Success!
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6 May 2024 | 23 replies
And many are the ones you are reading about in the news (or soon will) as they lose properties to foreclosure and wind their way through civil (and occasionally criminal) court.
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5 May 2024 | 8 replies
That way you are still protecting your property, and if they don't follow through with that clause, they would be violating their lease.
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6 May 2024 | 30 replies
Ask your realtor if they know of a good contractor who you can pay to do a walk through or a plumber and electrician.
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6 May 2024 | 25 replies
In fact many of our properties are done that way - we get a signed contract and then turn the package over to the closing attorney and move on to the next one until closing day.Your local REIG can recommend some good closing attorneys / title companies and they will usually be happy to walk you through the process and even provide you with the forms you need to get the deal locked up and closed.
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2 May 2024 | 31 replies
In order to make sure.... click on their picture and open up their profile.