Gary Neely
Seller Financing Contract
19 June 2024 | 12 replies
Thanks, Gary Neely Gary, Just use you standard state contract and write out the terms of your seller financing in an addendum or on the OTP itself if there's lines for additional provisions.Be clear and concise.Example,Seller will carry a promissory note secured by a 1st position mortgage in the amount $97,583.00, at 6% interest, amortized over 30 years, witha a maturity date and balloon payment due 10 years after the closing date.Hope this helps and certainly get an attorney involved if you are not comfortable drafting the language.
Diana Tran
For those who invest remotely and scaled their business, how do you do it?
17 June 2024 | 26 replies
She connected me with so many people (home inspector, insurance agent, lender etc), but allowed me to handle communication with them directly so that I was aways in the loop with what was going on.
James R.
VRBO vs. AirBnB
18 June 2024 | 12 replies
If you mean damage, poor cleanliness etc then AirBNB takes the cake for us.If you mean guests that need extra help, like maybe how to connect to the WiFi or how the little restaurant in town is then I guess that VRBO guests might be a bit more needy.
Johnathon Thompson
Top 5 considerations for newbie out of state investors
18 June 2024 | 8 replies
Connect with a local real estate agent in your chosen market who is knowledgable in investing4.
Matthew C Dominy
Process Of Starting A Real Estate Fund?
20 June 2024 | 13 replies
They need to have a high risk appetite, they probably need to have a connection with and know the country.What I'd do specifically is go and live for a while in Buenos Aires, one of my favorite cities in the world and get to know people there (don't pitch right away).
Catherine Ding
Turning over a rental unit with a smoker
18 June 2024 | 18 replies
For the smell, buy an ozone machine off amazon (have the unit empty while it is running-same with upstairs if the airflow is connected).
Jerrod Rosen
STR in Phoenix that led to starting our Short Term Rental Management Company
19 June 2024 | 0 replies
Did close to $9k in March.
Florencio Nayve
Best areas in Alabama for rental property appreciation
21 June 2024 | 30 replies
I agree, properties near the water appreciate well as more people like to be close to the beach.
Daniel Ramirez
Introducing on private lending services
17 June 2024 | 1 reply
I'm eager to connect with individuals who have knowledge or insights to share about this side of the industry.
Cory J Thornton
Is the need for affordable housing creating new markets?
18 June 2024 | 83 replies
We talk about REI on here-- the closing process will vastly be changed via AI.