Bennett Schwartz
Question on analyzing a deal
22 June 2018 | 6 replies
It's easy to say you should raise everyone's rent a large amount, but that can be a tough thing to do to families and you would need to take into account how many tenants might leave with such a sudden increase.
Taylor Hamilton
Buying Cheap Land For Potential Investment Properties
22 June 2018 | 2 replies
A savings account is going to get you <1% appreciation for the foreseeable future.
Peter Bui
Where to get Rehab Money?
2 July 2018 | 9 replies
so we i would just account for the rehab costs in my loan when I'm taking out the commercial mortgage loan during my analysis correct?
Josh Hackett
Feeling overwhelmed and slightly defeated starting out
23 June 2018 | 10 replies
You should be able to compare claimed sales against vendor invoices as a quick means of forensic accounting.
Hunter Peterson
Seeking FHA 203K advice and market insight for Dallas, TX / DFW
6 July 2018 | 15 replies
However, repairs or improvements must be permanently affixed and add value to the real property.Costs and Escrow Accounts The costs of the renovations will be based on the plans and specifications for the work and on the Construction contract for all of the work requested by the borrower.
Alex Roth
Closing Cost Credit for Repairs Greater than Closing Costs
13 December 2019 | 8 replies
I have explored the concept with my lender of the $10,000 being disbursed to an escrow account at closing for post-closing repairs but they have indicated that this will lead to the Lender needing to do further diligence on the repairs, perform inspections, etc. all of which will kill the deal for me, because I need to close in the next week.
Account Closed
Renting to tenant to manage an AirBNB in the property?
23 June 2018 | 8 replies
Account ClosedIs he splitting any of the profit with you?
Miguel B.
What Is Needed To Rent Out Property?
25 June 2018 | 6 replies
Most people have the app nowadays and it's extremely convenient to transfer the funds into your bank account.
Jerritt Larson
Multi-State Business Entities
26 June 2018 | 4 replies
@Chris Seveney, So you have a different LLC for each state do you have them as their own separate entity with their own bank accounts and everything or do you have them owned by a trust or an S corp?
Will Carson
What materials should be on hand when seeking private money?
4 January 2020 | 4 replies
Will Glaeser Lenders want to have your income (tax return, pay stubs, w2), credit, experience, bank account, LLC operating agreement, purchase agreement, scope of work, market comps, property evaluation, exit strategy.