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3 April 2024 | 11 replies
It seemed like they didn't have much data for my area, and looked like they were applying the same comps for the whole zip code, even though my area can vary a lot based on the sub-neighborhood.
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5 April 2024 | 43 replies
Guess who the E & O carrier's claims department goes after for reimbursement based on the broad indemnity language quoted in this chain?
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3 April 2024 | 4 replies
Quote from @Caleb Whitehead: Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.
3 April 2024 | 12 replies
Based on what I’m reading (2% rule, 50% rule), and the cost of property management companies; it seems better to just sell it for its current value of $550k and invest the equity.
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3 April 2024 | 0 replies
We had an inspection done and and then negotiated the price down to $197,000 from $250,000 based on the fact we would allow my husband's step dad rent a room during ski season, the faulty roof, and other issues with the property.
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3 April 2024 | 3 replies
@Jaime Powell - hey, we are based in the ATL, and I've closed several loans (fix/flip, rental, STR) in the Augusta market.
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3 April 2024 | 4 replies
Last but not least, based on the size of the home, I try to find other properties with the same "footprint" that may be "for sale" or have been "sold" which may give you an idea of what the subject property may look like.
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3 April 2024 | 0 replies
Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.
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3 April 2024 | 9 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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2 April 2024 | 1 reply
The origination would be based on a $300,000 loan amount.