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15 May 2021 | 3 replies
Yes, working with an attorney may be expensive in the short run but hundreds of people here (me included) wished they had all the proper doc's in the beginning because it would have saved so much time, hassle and money.
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15 May 2021 | 8 replies
But, in all honestly, it really depends on what sort of assistance you need to PROPERLY close the transaction.
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14 May 2021 | 1 reply
This house-hack deal features a single-family property with proper permits for an in-law suite.Like many other Long Island properties in 2020-2021, this was negotiated and put under contract during one of the most competitive seller's markets in recent years.
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21 May 2021 | 4 replies
TBD but so far property is fully occupied, functional and cash-flowing.
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16 May 2021 | 4 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
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17 May 2021 | 18 replies
because of new hosts managing from abroad not doing proper guest screening and having incredibly low prices that attract all sorts of people to their place.
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19 May 2021 | 4 replies
students deserve nice places to live. we aren't trying to be slumlords but i do realize that students probably have slightly lower expectations than other types of tenants, so i feel we wont need to break the bank in the level of finishing details like we did on our own home but we will provide housing that is clean and safe and attractive. also thinking we can use some creative materials and methods to make the units party-proof. maybe we get lucky and find some long term professors or grad students and don't have to do annual turnover on every unit. even so, i budgeted 8% for property management after watching david greene's webinar yesterday.the heloc would allow for an easy down payment and a nice buffer for rehab, and i have 750+ credit score and good wage earning history, so i think a conventional loan should not be a problem to obtain. a cash out refi might be an option on the horizon if we decide to really crank a proper rehab but the units (from the pictures i saw) are livable as-is.should i be more specific here on the address/market to get better help?
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18 May 2021 | 2 replies
I held onto the management function too long because my units were close by and I thought I could manage better.
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16 May 2021 | 11 replies
So far I've taken notes on defining your target market, what questions to answer about that area, the types of flips there are in 3 basic categories, financing options, how to farm for leads, renovations to consider, what type of contractor to look for, how to find them, and how to properly communicate with them.
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15 May 2021 | 1 reply
Is there someone on this forum who would be willing to walk/talk me through this process, or provide the education that would properly teach me the in and out of wholesaling?