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22 April 2024 | 9 replies
In our experience, running one MTR has not been very time consuming.
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25 April 2024 | 8 replies
They focus more on the property's income potential rather than personal finances meaning no DTIs, less paperwork, and more underwriting flexibility.
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25 April 2024 | 13 replies
Planning to discover it this summer in person.
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25 April 2024 | 2 replies
All that said let's say you are able to subdivide, I personally would if I knew going into it that I was building a rental/investment property.
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25 April 2024 | 2 replies
Split the proceeds based on what each person put in.
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25 April 2024 | 18 replies
Do pay your alcohol beverage taxes if you own a bar, they're going to come after you and seize your bar and probably even non-bar personal assets.
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24 April 2024 | 10 replies
My leases clearly state that the "Tenant shall maintain all appliances, equipment, furniture, furnishings and other personal property included under this Lease".
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24 April 2024 | 3 replies
Personally I've found seller financing to be best when the property doesn't qualify for a conventional loan because of the condition.
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22 April 2024 | 5 replies
Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill
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25 April 2024 | 11 replies
Lenders often prioritize the person’s payment history hence it is imperative that you maintain proper financial records.Good luck!