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13 March 2024 | 5 replies
The exchanger can name more than three replacements but the total value of the list will still be less than 200% of the net sale's price of the old property.2. they are already under contract for their replacements so that they close on all of their replacements during the 45 day identification period.
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14 March 2024 | 13 replies
For this reason, I recommend you identify the market first, then list your current properties for sale so you have a little more time to find a new property to purchase.
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13 March 2024 | 6 replies
Sometimes it’s the hard money lender sometimes it could be someone elsePlease also note most hard money lenders also can seek a deficiency judgment which is the balance owed on the loan after it is sold at saleIf you are a borrower you can also work out a deed in lieu which is when you give it to them without going through this processWe recently received $200M in these types of defaulted loans to bid on, so we are starting to see and uptick in defaults.Memphis area had over 50 on the list.
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11 March 2024 | 40 replies
This isnt always quantifiable, how many hits in a list will be dud with the mojo service?
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13 March 2024 | 11 replies
Hey Zeona, I just listed one of my houses (a 2/2) on furnished finder and started looking into the Facebook groups for traveling professionals.
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13 March 2024 | 2 replies
Given our financial constraints at the time, we couldn't afford such a high sum for limited coverage.I'm told that the lapse in coverage for the few months between being dropped by our previous insurer and attempting to get a landlord/investment property policy will make if VERY difficult to get a policy.I'm not sure that my agent really has much experience in insuring investment properties/rental properties.I reached out to Arcana (now MSI, and they forwarded my a list of agents/reps that could work with me.My question is: Are there any other places I should be looking to obtain coverage?
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12 March 2024 | 4 replies
Initially, we began by working with builders as a small crew of hands-on guys doing the work ourselves, but as we grew, we realized that builders faced various problems such as poor workmanship, communication issues due to language barriers, laziness of workers, and high turnover of “skilled” labor.
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13 March 2024 | 4 replies
Start interviewing and get some reports from them on the market.Check Zillow to see how many listings there are and get a feel for how long they are on the market.
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12 March 2024 | 22 replies
The sheriff will handle the initially dangerous part.
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13 March 2024 | 2 replies
Be aware, there are a lot of scammers inquiring about listings and submitting fake docs.