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26 August 2024 | 5 replies
How do you find the neighborhood rating?
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2 September 2024 | 5 replies
How did you find this deal and how did you negotiate it?
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29 August 2024 | 3 replies
They claim they havent collected enough $$ most months to provide a payment.
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2 September 2024 | 0 replies
Purchase price: $112,000 Cash invested: $25,000 Mid Term rental How did you find this deal and how did you negotiate it?
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2 September 2024 | 8 replies
Some terms you may find helpful:Repayment Schedule: Clearly outline the payment schedule (monthly, quarterly, etc.).Balloon Payment: If applicable, specify the amount and due date of any balloon payment.Prepayment Penalty: State if there’s a penalty for paying off the loan early.Default Terms: Clearly define what constitutes a default and the consequences, such as foreclosure procedures.Insurance Requirements: Ensure the buyer maintains property insurance.Maintenance Responsibilities: Clarify that the buyer is responsible for property maintenance and repairs.I hope this helps you out, have a great day!
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3 September 2024 | 10 replies
STRs were a means to an end, helping us expand our portfolio when cash flow was hard to find.
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28 August 2024 | 1 reply
Where strategic you use to find accredited investors?
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30 August 2024 | 16 replies
That is EXACTLY the kind of tenant I would want to provide flexibility to because that is the kind of tenant I want to keep.
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2 September 2024 | 5 replies
@Pietro GaglioUse this database to help find average cost of care in your particular zip code.https://www.genworth.com/aging-and-you/finances/cost-of-care...If you're in Clinton Township it's roughly $4200, however keep in mind that this is just average.
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6 September 2024 | 39 replies
In the majority of fraud or Ponzi Scheme cases the common theme seems to be that the money is mostly gone, and whatever is left runs out before a large portion of the victims are made whole.Sounds like the majority are first position mortgage holders.. this is super simple find an attorney that specializes in mortgage foreclosures and file. there is a federal law that went in post GFC that requires lenders to give a 90 day notice before they can file and I think it pertains to any loans on any 1 to 4 unit properties the assets that Dodd Frank was designed to regulate. once the 90 days is up you file your foreclosure in OHIO its a mortgage state so it cost more money than a Deed Of Trust with power of sale state.