David Tran
Hero program is a scam and fraud
15 September 2024 | 22 replies
“Few, if any lenders are going to accept this secondary lien position,” real estate agent Then said, so the tax-lien associated with the HERO improvements will have to be paid off, in most cases, at the time a sale closes or the mortgage is refinanced.The question becomes, who will pay it?
Abigail Lipson
Trouble getting insurance due to past claims - will an LLC help?
10 September 2024 | 5 replies
If you have any claims or some list particular claims in that time frame they will not accept new business from you.In speaking with the product managers I've given the example of a client with 50+ locations paying over 45k per year in premium having a claim for $10,000 and would they take the total account into consideration when this client buys another property... the answer was a hard no.
Patricia Andriolo-Bull
Post disappeared - VRBO Terms of Service
11 September 2024 | 21 replies
I did find your post and I have no idea why it would have been removed as there were no admin or moderator flags on our end 😶 Please accept my apology for the inconvenience but it's been resolved and is now back under the Short Term Rentals forum topic!
Jacob Stevenson
Guiding a family into a creative financed deal
10 September 2024 | 2 replies
I think they would accept something between 550 and 600k.
James McGovern
Has anyone figured out a cheaper alternative to Cash for Keys
9 September 2024 | 23 replies
I am surprised a tenant would accept as low as $200 to leave a unitI never do cash for keys.
James Carlson
Can we stop with the ChatGPT responses?
12 September 2024 | 23 replies
@Scott Trench What is the acceptable threshold for AI generated text?
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
11 September 2024 | 6 replies
Guy was getting a hard money loan for property and construction (don't know the details of the loan) only that the bid was accepted in FEB and the lender totally dragged his feet until it finally closed in August.
Anita Z.
How often Should I increase Rents for existing good renters?
11 September 2024 | 13 replies
Human psychology is smaller, more often increases are more acceptable than one big increase even though the opposite is true mathematically.
Dan N.
7 deals have fallen due to inspection & seller not agreeing to concession
8 September 2024 | 31 replies
Just needed to blow some steam off in the group.All 7 of my accepted offers have fallen apart at the inspection phase.Each time we find an expensive problem in the inspection and the seller is not willing to make concessions.$3K spent on inspections with no house to my name yet.
Nicholas LaGatta
Non-conforming multi-family in R4, zoning/permitting nightmare!
11 September 2024 | 20 replies
If zoning tells you that it's accepted non-conforming triplex, then go with that.