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13 August 2024 | 3 replies
If you or anyone you know might be interested in helping me gain experience/knowledge in property management in exchange free work, please reach out.
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13 August 2024 | 9 replies
Hopefully, the protective order will help resolve things more smoothly.Speaking of Indianapolis, I’ve been working with investors in the area on new construction duplexes that are designed to minimize tenant issues by attracting stable, long-term renters.
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15 August 2024 | 16 replies
Ughh, but we feel awful… Best to use the other room for now, but in the interim, please let us know if we can help make you guys feel more comfortable 😞🙏🙏For the future bookings, can you move the guests to another room?
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13 August 2024 | 3 replies
I might be able to help and am also building my network.
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13 August 2024 | 0 replies
I buy properties in AS IS condition and mostly in New Jersey area but I want to venture on other areas and help homeowners that are facing foreclosure.
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9 August 2024 | 2 replies
•When I am doing ______ I feel most productive and excited about the work I'm doingThats a very simple view but I believe perhaps if you start with those 3 questions you may be able to work backward into what opportunities for a career in real estate may suit you for the long run!
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14 August 2024 | 6 replies
And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.
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9 August 2024 | 5 replies
I got a rental application by a couple with 3 kids for one of my property. Monthly joint income is 7X the rent and one credit score is 630 another person is: 712. They proof of income looks satisfactory. The only part...