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13 March 2024 | 8 replies
KEEP IN MIND city redevelopment departments have a lot of red tape to go through and this can take months before your prospective tenant is at the mercy of the City to be approved and then follows up with your tenant checking off all the requirements boxes the city department needs your tenant to get completed before moving in /opening up its doors for business.
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12 March 2024 | 8 replies
For the lenders that do a 0 with decent credit you will need to put down 15% - 20% on a bridge loan and that's with 720+ credit.More than that though, you need to understand the capital requirements.
10 March 2024 | 7 replies
I noticed some 1031 intermediaries have stated there is no legal requirement for "time limit" after the exchange is complete to quit claim to an LLC, but some recommend holding it in the same title for "some time."
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12 March 2024 | 4 replies
Can I rent it out completely or are there occupancy requirements?
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11 March 2024 | 3 replies
There is literally no reason for it unless you want to be a part of a cult and use their name (instead of establishing your name and brand) to get into door.
11 March 2024 | 4 replies
I'm living in a home, that I've gradually renovated to some degree, initially for the purpose of establishing a rental unit.
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12 March 2024 | 15 replies
If the STR strategy is the only strategy that makes the property pencil, be sure to purchase in a market where the use is allowed, the use requirements are protected by in place permitting and licensing and the permissions are transferable through a sale.
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12 March 2024 | 250 replies
Insurer's counsel was not acting in good faith as required by statute.
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12 March 2024 | 4 replies
Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.
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12 March 2024 | 7 replies
I don't know Section 8 inspection regimen specifically, but my vouchered properties require a full building inspection every other year, and certain vouchers require HQS every new lease up.