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7 February 2024 | 9 replies
That way, they are self-managing and you are a service provider for them to handle things.
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7 February 2024 | 12 replies
.- Put most of your effort towards becoming an incredible real estate agent, detach yourself from the monetary outcome, focus on providing value and an amazing professional service, and build an unwavering commitment to these things for the next 18-24 months.- Focus on learning over results, adding value over being the best, and actively revisting your overal goal, from there you will be setup to have an incredible real estate journey and life.I haven't mentioned anything around real estate investing because if you are committed to doing this investing for a long time, then working on your mindset, working on being a helpful and value add agent, and these fundamental things WILL help you become a successful investor.
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7 February 2024 | 13 replies
In fact, I read, “... excluded from the sale were previously originated, loans and loan servicing operations.”
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6 February 2024 | 1 reply
They are looking to either keep it as a rental or occupy and rent out their current property.I understand the large risk of buyer non-payment and activation on due-on-sale clause.
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6 February 2024 | 8 replies
At that rate, your options open up into the non-qm space for more creative products.
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7 February 2024 | 13 replies
You essentially took a SFH non-investment approach and now are trying to convert a SFH into an investment.
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6 February 2024 | 7 replies
I charge a non-refundable cleaning fee and collect it at the time of move in.
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7 February 2024 | 18 replies
Mortgage companies look at your DTI Ratio(Debt to Income Ratio) to determine how much of a house that you can afford.They look at your income items from your tax return to determine this.They will normally add back certain items such as depreciation and amortization since they are non-cash expenses.Furthermore, you can communicate with your lender that you had 'one time' expenses that you do not plan to occur in the future.I.E. if your repairs is $15,000 in year one, you can explain to them that you don't expect it to be that high going forward and they will adjust it.You may need a signed letter from a CPA stating so.
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7 February 2024 | 19 replies
Some MLS boards will allow wholesalers (non owners with a purchase contract) to list the property with an agent in the MLS, some don’t.
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6 February 2024 | 20 replies
We have steady growth and low unemployment, and more than 5000+ jobs will be created over the next 3 years in the Amarillo area across all sectors including highly skilled and service-level jobs.