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25 March 2024 | 5 replies
I’ve inherited a rental business with a property in Florida but have been looking at the Gvl/Sptbg area to expand into.
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21 March 2024 | 0 replies
Market research, targeted marketing, and a keen understanding of the evolving needs of potential tenants are critical components of a successful investment strategy in mid-term rentals.Conclusion:As we navigate the complexities of today's real estate investment landscape, mid-term rentals offer a compelling case for those looking to diversify their portfolio and capitalize on the changing dynamics of work and lifestyle.
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25 March 2024 | 14 replies
I am looking to invest in a self storage business.
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25 March 2024 | 3 replies
So I guess it's good to know people and make connections with folks you trust to help in your business.
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25 March 2024 | 25 replies
After a couple months you'll get a feel for their personality and how they conduct business.
25 March 2024 | 4 replies
Alternatively, you could open unsecured business credit lines and cards to tap for short-term use to cover down payments and closing costs (there's a company that specializes in helping real estate investors do this).
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24 March 2024 | 6 replies
Sent out 2 messages to individuals last week and I think BP is blocking my messages as well.I’m 18 years in this business flipping and building new construction.
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25 March 2024 | 8 replies
He and the contractor had a business relationship and I think this has soured it.
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25 March 2024 | 2 replies
Under the laws of most states, when a corporate entity is dissolved, until a court appoints a receiver, the business and affairs of the entity shall be managed under the direction of the trustees of the entity’s assets to undertake the acts necessary or proper to liquidate the entity and wind up its affairs.In the context of LLCs most state laws permit the remaining members (or sole surviving member) of a limited liability company or, if the LLC has no remaining members, the personal representative, guardian, or other successor to the last remaining member of the LLC to wind up its affairs.The title company needs to do its research and not resort to the "you need to reinstate the LLC" position that many default to.
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25 March 2024 | 7 replies
Here is how most work:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.