13 March 2024 | 70 replies
You can find out later that there was someone else on title that you weren't told about until you get sued.15.
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13 March 2024 | 9 replies
@Matthew Banks I continue to work my full-time job and have hired someone to manage my properties, deal with contractors, do unit turns, and run my wholesale business.
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13 March 2024 | 4 replies
Usually, it's just a matter of giving them the property address and legal description so they can look things up.Also, in many locales you can set an appointment with someone in the zoning office if you'd like to talk to them in more detail.
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13 March 2024 | 7 replies
First thing you ALWAYS do when someone makes a claim is have your attorney on speed dial.
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13 March 2024 | 9 replies
Then typically there is someone on the backend who handles financials and whenever the exit is and how that would work.
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13 March 2024 | 10 replies
You can also partner with someone who has cash, and buy a house with less (even $0) of your own.
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13 March 2024 | 9 replies
Happy to share some experiences I've had as someone who started off by investing out of state.
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13 March 2024 | 6 replies
Sometimes it’s the hard money lender sometimes it could be someone elsePlease also note most hard money lenders also can seek a deficiency judgment which is the balance owed on the loan after it is sold at saleIf you are a borrower you can also work out a deed in lieu which is when you give it to them without going through this processWe recently received $200M in these types of defaulted loans to bid on, so we are starting to see and uptick in defaults.Memphis area had over 50 on the list.
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11 March 2024 | 16 replies
So many nuances from property taxes, insurances, what does airdna or rabbit say, cost of internet, HOA, permit costs, local utilities, are you doing maintenance or is someone else....
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13 March 2024 | 6 replies
I hope this helps someone else looking to furnish their next STR or MTR!