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25 December 2018 | 4 replies
Amortized: 30yrsRefi After: 6monsRehab Time: 2monsAlso since the approach is the BRRR method, can the initial purchasing money be a traditional mortgage (and not hard money) so it can be a 30yr term.
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20 December 2018 | 11 replies
There is a space after the clause for tenant's initials.
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22 December 2018 | 5 replies
It's somewhat painful the first time around with the initial inspection and getting approved and everything. 3wk minimum process.
22 December 2018 | 4 replies
This particular property was renovated through the turnkey company and sold to a client 4 years ago.Before purchasing, I asked if the existing property management company would continue to manage the property and they said yes.6 days after I closed, I was told that they’d decided not to manage my property and I only found this out after I asked about prospective tenants.On top of that, the house needs repairs beyond what I initially thought.Has this happened to anyone?
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28 December 2018 | 9 replies
As they're demoing the roof (and making a HUGE mess around the property, tar and gravel roof+ pine needles being thrown around the yard with no tarps), he comes back and tells me that spacing between the decking is too far apart compared to code, and it's going to be an extra $3,500 to redeck the entire roof (could have told me this when he gave me the initial quote, wasn't hard to see that).
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20 December 2018 | 1 reply
She has already initiated processes to transition utilities, services, etc over.
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24 December 2018 | 1 reply
My initial thought is that it would be a benefit and that military renters are at least a little more responsible than the typical renter.
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20 December 2018 | 12 replies
If you thought you needed an extra day, should have put that in initially or amended it along the way to extend.
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15 January 2019 | 7 replies
Hey Gal, I see that you are very conservative on your numbers and that can lead to some hiccups later when you buy the property and you're paying more than what you accounted for initially.
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7 January 2019 | 15 replies
The owner of the property can easily remove the cloud on the title by initiating a quitclaim deed or via a quiet title proceeding.