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20 September 2024 | 13 replies
@Jennifer Katherine De Loughy- probably not ....try reaching out to local bank / credit unions that are close to the property ...try reaching out to any bank connections you have ....you might find a lender that's willing to cross collateralize it with your home
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22 September 2024 | 25 replies
Stay fi includes a number of emails that could last a while with small unit count.
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20 September 2024 | 3 replies
@George HernandezTo expand your equity portfolio, consider private lenders like Non-QM Lenders, Private Money Lenders, Home Equity Investment Platforms, Portfolio Lenders, and Cross-Collateral Loans.
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22 September 2024 | 12 replies
We are changing the locks and im crossing my fingers it goes smoothly.
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21 September 2024 | 14 replies
The other fundamentals: professional photography, cross listing, reverse prospecting, etc as well of course as any decent agent does.
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21 September 2024 | 13 replies
Determine the need within the community, bedroom count etc.
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22 September 2024 | 22 replies
The differences in bed/bath counts actually do not matter that much, but typically sqft does.If you are off by even $100/mo per unit rent-wise, this could turn an 8% CoC return into a 3% CoC return instantly - in which case you'd have been better off just putting your money in the S&P500 and not a rental property.
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20 September 2024 | 8 replies
@Leo CuomoRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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19 September 2024 | 2 replies
This will vary property by property and area by area, but in area not only do you have all the city/county level planning: access, traffic counts, density requirements, unit counts for school districts, sewer capacity, etc, but you also have neighborhood councils which will have additional level of say in final design, scale, unit counts, uses, etc.
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20 September 2024 | 2 replies
And once you've got an approved applicant, then you present them with your lease, which needs to be comprehensive in its protection for you and of your property (mine is 24 pages and counting as I encounter new issues, and it contains fines for certain violations) - check your state laws.