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15 May 2019 | 12 replies
@Paul QuinonesPaul, I can’t speak for residential notes as I completely left that field when Dodd Frank Act was implemented and the CFPB was formed.As for commercial notes this is the minimum to qualify any interestOriginal principalCurrent principal balanceOriginal interest rateCurrent interest rateLoan origination dateLoan maturity dateAmortized, interest only, or amortized with balloonDetails on aboveAre payments current, late, or in defaultValue of collateralWhere is collateral locatedWas note property purchase or refiIf purchase how much was borrower down paymentOwner occupied or rentalIf rental, occupancy rateRental income amountThat’s step oneIf the note is in our arena of interest we will wantHistory of ownershipCopy of note/mortgage/deed of trustList of other liensPayment historyRent rollProperty expensesIf owner occupied, profitability and history of occupying businessNote: many note holders will consider selling their note, but don’t want to reveal all this information.
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3 February 2021 | 3 replies
Generally, these are implemented as a special purpose LLC with owners buying and selling out of the LLC--with all owners sharing costs such as property tax, insurance, maintenance, utilities, etc.
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1 November 2023 | 2 replies
I've implemented a few increases, but still they are subject to rent control and I had a skip a few years due to Covid restrictions.
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8 December 2023 | 52 replies
History- our county was the last in Iowa to implement Zoning in the County.
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14 October 2020 | 9 replies
Keep reading but start implementing lessons you learn sooner rather than later.Hunter Thompson's book on Raising Capital for Real Estate is very good and deserves to be in that pile of books, to be sure.
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10 February 2019 | 6 replies
Here, in California, the rebates and incentives for energy upgrades changes yearly depending upon Utility programs being implemented (usually every 3-5 years), who's Governor, and what the political climate is.
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8 December 2023 | 10 replies
We believe that this meticulous attention and the quality of our services make our property stand out in a competitive market.How do you do it and what do you implement to achieve it?.
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10 December 2023 | 20 replies
I would totally implement this if there were clients using this, more like a useful tool for myself right now.I actually just made a post on timing the market from this data, if you click my profile you can see my posted threads and pull it up.
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10 January 2022 | 80 replies
I plan on implementing the BRRRR strategy with SFR out of state in Indianapolis this winter!
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6 March 2023 | 16 replies
Check out the competition and see what they are charging at various times throughout the year, then implement a dynamic pricing strategy based on what you learn during your due diligence.