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6 September 2024 | 6 replies
This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments
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1 September 2024 | 9 replies
I've purchased a few properties recently and have started the LLC process after the offer was accepted.
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5 September 2024 | 9 replies
Hello allMy name is Steve and I’m a foreign investor looking to invest in Jacksonville, FL.Me and my partner started our business January this year and it is our goal to make our first flip by the end of this year.
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5 September 2024 | 14 replies
Personally, I wouldn't totally disagree, but it is very much in the eyes of the beholder what "nice place to live" means.Based on your post, I would assume you are getting requests because you are a new landlord (maybe the old one was not a kind person, so tenants chose not to make any requests) and that you are asking them to pay more rent for a unit that is likely in worse condition than when they moved in.So now, you can either tell them no, or you can accommodate and potentially open up pandoras box of setting expectations that you will cater to all requests all the time, or as noted, you can remove yourself from the equation and hire a PM to handle the requests.
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5 September 2024 | 4 replies
Some guests don't get it fully, and I make a quick video showing how to use it and make it a part of my guidebook/automatic email sending.
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5 September 2024 | 2 replies
I just want to make sure that I am able to fully validate all of the financials and not on the hook/forfeit my deposit if the numbers do not match what's being advertised.
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2 September 2024 | 8 replies
Once you’ve got the hang of that you can easily repeat the process or go bigger.
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5 September 2024 | 4 replies
Don't make your life more complicated than it has to be.
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5 September 2024 | 5 replies
What makes you interested in investing in Phoenix?
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5 September 2024 | 15 replies
I’ve thought about making a recreation area, but my property seems to book quite easily without it.