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5 July 2024 | 8 replies
Also, one of the biggest factors in looking at comparables is the finishes of the properties.
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10 July 2024 | 12 replies
No trustee will take an assignment of the power to collect rents, etc.
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9 July 2024 | 12 replies
Sometimes I include a personal check and a P&S agreement with no contingencies.
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9 July 2024 | 2 replies
I was asked the same question when I was applying for my HELOC, and I was approved with no problems.
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9 July 2024 | 4 replies
(Note: You are under no obligation to share your appraisal with the seller.)3) Get the seller to provide surveys of all properties and have an experienced attorney look them over.
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10 July 2024 | 21 replies
I'm happy to help answer any STR specific questions, but personally have no presence in the area you mentioned, howvere, I suggest reaching out to @Alyssa Czopor as she has a successful one in VT.Best of luck!
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10 July 2024 | 11 replies
Depending on whether you manage yourself or hire property management, your return on equity seems very strong for having no debt on the properties.
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9 July 2024 | 4 replies
Most agents have no clue how to help investors.
9 July 2024 | 7 replies
If you have a lot of equity that you can use for the next property, that’s a great way to build your portfolio, make sure the potential rents would have no problem paying the mortgage.
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9 July 2024 | 12 replies
no 50k for a new build is not enough. from someone who has been talking to capital partners for a year and breaking ground on 7 new builds within 60 days as well as talking to 8 hard money lenders at a time, 50k won't cut it