Blake Elliott
Kiwi (New Zealander) in NYC and ready to make moves!
12 October 2022 | 7 replies
We did not get involved in Real Estate as soon as we thought, it was especially tough with no network, no family or friends, not to mention immigration challenges preventing my wife from legally working for almost an entire year.Thankfully we persevered and in the end, both my wife and I have landed some lucrative tech sales roles over the 5 years we've been here, beginning in Florida and now settled in New York City (I know, I know, who would pay so much to live here!?).
James Hamilton
Rookie here! Just getting started...
11 October 2022 | 16 replies
The other benefits to hard money is that it’s asset based and many lenders will help you verify your deal actually makes sense and helps prevent you from buying a bad deal.
Peter Barrow Jr
CPA and Real Estate investing structuring
11 October 2022 | 3 replies
With that said, I may be looking too far ahead but I like to plan as much as possible so that I can avoid slowing down or preventing a process in the future.
Corby Goade
The Importance of Property Screening and Management
12 October 2022 | 8 replies
Of course life happens and not everyone that "passes" the screening turns out to be a perfect tenant, but as the landlord the risk prevention starts at square one.
BW Miller
Neighbors pool drainage into my yard
13 October 2022 | 1 reply
Is there anything I can do legally to prevent them from doing so?
Leanne Sorg
Can I turn a hard money loan into a traditional loan?
15 October 2022 | 9 replies
A lot of commercial/bank loans come with prepayment penalties to prevent this from happening, but you shouldn't have that with your hard money loan.
Veena Vaidyanathan
Purchased a condemned property (without knowing it). Next steps?
7 November 2022 | 78 replies
The buyer does their due diligence by ordering the title work, which is done by the title company, who in turn insures that the home’s title is free of clouds or defects such as judgments, liens, bankruptcies, condemnation etc. that would prevent the seller from transferring clear or marketable title to the buyer.
Josh Ezeudo
If I buy a home through NACA can I use it as an Airbnb?
31 October 2022 | 3 replies
This can only be lifted in matters where it would be necessary for you to sell or refinance i.e. job moving, death if family, divorce, etc. so while appealing from a low interest rate stand point, the program is designed specifically to prevent investor usage.
David S.
1 day shower installs; If they can do it, can’t we?
30 October 2022 | 7 replies
They also work well when properly installed to prevent moisture intrusions.
Ryan Krown
LLC to get started w/ buying duplex/triplex & house hacking
3 November 2022 | 11 replies
The LLC question though is a small detail when it comes to your overall investing, insurance and generally being a good land lord taking care of the building SHOULD prevent most of those problems.