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15 July 2024 | 10 replies
If so, then the issue is your investments, not your filing qualificiations.
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15 July 2024 | 7 replies
If you are looking to build money faster so you can do more upgrades, I would ask if you could rent out the 3 bedrooms all the time instead of just while you are away and then rent the 4th bedroom as well while you are gone.
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15 July 2024 | 0 replies
Then I'm sending it off to a Skip trace company and they return a ton of data.
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16 July 2024 | 0 replies
So, if interest rates are a buyer’s primary roadblock, then I recommend seeking opportunities to negotiate a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?
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15 July 2024 | 17 replies
The last thing you want to do is have a long work day and then have to spend some hours on your rental properties.Hopefully you make good money given your credentials, position and the firm you work for.I would try to make your real estate as passive as possible.Try to find a third-party firm that can do as much as possible for you.Maybe you can find the property and they can do everything else from managing the rehab, finding a tenant and managing the tenant.Best of luck.
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12 July 2024 | 40 replies
Where I mention the 3-5% delta on a second is that is what it will cost you from a traditional bank (for example a HELOC or 2nd mortgage).
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15 July 2024 | 6 replies
Clients don't like when they think they're getting charged $100/mo per unit then pay a dozen or more in junk fees every time they turn around.
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16 July 2024 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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15 July 2024 | 9 replies
Matt, since you own this already for years and it is livable with a tenant, you are better off with a DSCR refi cashout and then use that money to fix what is needed.I sent you a PM.
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15 July 2024 | 4 replies
I would reccommend protecting yourself in terms of the legality of the transfer, ensuring there aren't any violations, 3rd parties requesting some claim of ownership of the property, most importantly the structural integrity of the property overall is sound and there aren't any big ticket items the current owner should righfully be taking care of that will then be additional issues you inherit.