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17 July 2024 | 2 replies
There is a stunning luxury STR on market that would generate six figures in gross annual income.
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16 July 2024 | 0 replies
This helps reduce operational costs and increase efficiencies, hopefully giving the landlord back time to spend on other areas of the business.Market Trend Predictive Analytics: There are AI algorithms that can analyze large amounts of data in order to predict property values and future market trends.
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13 July 2024 | 6 replies
Is there a forum, on Facebook or elsewhere, where I can learn about the conditions of the real estate market in Mississippi ( I realize that each county has its individual situation, to a degree) and ask questions?
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16 July 2024 | 7 replies
If they want an off-market property, I even built a BRRR calculator that they're using to feed-in the numbers from the 'B'uy all the way up to the final 'R'efinance part.
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16 July 2024 | 4 replies
There are DSCR lenders that do not use a market rent 1007 and will use rent range to determine the rents.
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16 July 2024 | 1 reply
I expect my Florida market will be hopping soon.
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14 July 2024 | 6 replies
They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.
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17 July 2024 | 6 replies
Security deposit regulations vary by market so I suggest doing research on local security deposit rules.
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16 July 2024 | 14 replies
I’d love to see what your thoughts on the multi family market there are.
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15 July 2024 | 22 replies
Ive narrowed it down to 10 markets but wanted to speak to anyone in these markets that doing any REI work.