17 June 2024 | 8 replies
I like to see 2%+ $/sf/mo appreciation & above $3/sf/mo on avg, indicates it's a higher-valued & safer market to put ~$1.5M in equity.So you can definitely build these out, but beware it'll mostly be something you glance at and rarely get something actionable from.
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16 June 2024 | 8 replies
Most will have a hard set no if there is any indication of un permitted work since it is a long term loan.
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16 June 2024 | 16 replies
Depending on how the owner financing was originally structured, the buyer will get title to the property for the first time or the seller will execute a Satisfaction of Mortgage indicating the mortgage has been paid in full and releasing the lien on the property.All the best!
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17 June 2024 | 19 replies
"Pre-foreclosure" is a term that is misunderstood often...it indicates that "lis pendens or notice of default is filed (consider it a lawsuit) until the property is sold."
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17 June 2024 | 25 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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15 June 2024 | 8 replies
Bathrooms, toilet rooms, and laundry rooms shall have a ceiling height of not less than 6'-8" above the finished floor"Additionally, in th following paragraph 1207.2.1; it also notes an exception for similar residential conditions which allows "Furred Ceilings" (Ductwork, Structural Beams, etc) to be permitted as low as 6'-4".In Short; the Diagram you posted indicates the correct conditions that would apply to your residential basement.
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16 June 2024 | 12 replies
Have a planned/practiced 1-2 sentences about how you help people buy and sell real estate.Keep your expenses low, track not only what you spend (personal, and business), and track your "lead indicators"...x hours daily lead generating, # people you talked with daily about real estate, # social media posts you created about real estate topics.
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15 June 2024 | 11 replies
I find speaking to some residence if you can find any around when you go and ask about the place is a great indicator.
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14 June 2024 | 0 replies
However the lease term indicates the following."