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13 March 2024 | 16 replies
Title company set to close it but wants a 90 day cooling off period if the seller appeals or something comes up before they will deliver the title and give me insurance.12. almost 3 year later now we close and get our title insurance so we have also have fines to deal with and 3 more years of tax's13.
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12 March 2024 | 11 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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11 March 2024 | 8 replies
The property must be delivered free and clear of any legal or illegal occupants within the specified timeframe.
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12 March 2024 | 13 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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12 March 2024 | 5 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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13 March 2024 | 15 replies
I'm not going the turn key route so I would be responsible for the following GC work; Site work, foundation install, furnace/boilers install, water tank, septic, connect plumbing, install panel boxes (panel boxes provided by modular company) and connect power, interior flooring, appliances, complete the siding/roof (15%) as it is delivered 85% complete, landscaping, front porch, final coat of paint inside (comes primed), 2x stair sets to the basement.My question, do you think the $94 a square foot is high?
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15 March 2024 | 93 replies
They occasionally have someone in to pitch their product or program, but the content delivered by these folks is still quite good.Most of the time, it's fellow members getting up to share on a topic.
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11 March 2024 | 4 replies
Everything is negotiable, you can place an offer contingent on the seller delivering the property vacant and you're (1) unlikely to get the offer accepted and (2) not going to find someone who will do that.
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11 March 2024 | 10 replies
Hi @Seallington Touch,In your search for an accountant, I would recommend seeking an accountant who also has personal real estate experience so that they can not only help you with your bookkeeping and tax needs, but also guide you and give you tangible recommendations for your real estate career.Additionally, in today’s day and age, accountants are able to deliver the same caliber work to you from anywhere in the country.
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11 March 2024 | 8 replies
Haven’t had a call that was a complaint in over a year since we evicted a problem tenant, and her complaint was that we wouldn’t deliver her a case of water because she doesn’t drive.