2 January 2025 | 2 replies
You can easily look them up on the NMLS site https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPAN...
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12 January 2025 | 25 replies
I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112 thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.
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3 January 2025 | 12 replies
If appreciation is not there, however, it seems like a potentially long waiting game to see if your $60k investment today returns anything meaningful in the long run.
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28 December 2024 | 19 replies
Hey @Marc Shin, so yes on the games.
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7 January 2025 | 16 replies
To help support that avatar, try and have on-site parking and ideally a place where a large work truck can be parked without issue (think fully decked out F-350).
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1 January 2025 | 4 replies
Focus on what the rents will look like post-renovation with 4 units instead of 2, and have a clear game plan for refinancing to pull your capital back out.
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6 January 2025 | 17 replies
Commercial is a totally different ball game than residential, so connecting with a commercial broker will definitely make your life easier.
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31 December 2024 | 0 replies
Negotiating felt like a game of chess—except I was playing against a grandmaster, and my queen was missing.
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29 December 2024 | 2 replies
It’s been a game changer.
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2 January 2025 | 21 replies
There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.