27 January 2020 | 8 replies
Is a signed promissory note all I would need to bring to closing at the title company to secure the private investors interest in the loan!
5 February 2020 | 3 replies
Great job and congratulations securing the ranch!
30 January 2020 | 3 replies
Charlie, if you do that, you'd have to abide by the securities laws.
23 January 2020 | 2 replies
I sent the lease agreement, and the potential tenant is asking for language in the special provisions to read "tenant is allowed to install wireless camera security system".
28 January 2020 | 20 replies
Even if they were going to place weight on the price per bedroom approach, they have no basis for that approach, or the adjustments they have made - or at the very least (and nicest I can be about this) you are not seeing that data in the report - they might have that somewhere else in their work file or another work file.At the end of the day and as stated earlier the relevant data used in small income mortgage appraisals is the actual sale price of the comparable properties.
4 February 2020 | 5 replies
Looking to pick your brains...
I've been dabbling in REI for a couple years. Have a few rental properties and have flipped a handful of SFHs. REI is not my FT profession (nor do I want it to be), but I do want to c...
3 March 2020 | 26 replies
Primarily helping people secure hard money loans.
29 January 2020 | 9 replies
Hi @Wesley Quinn, property managers are worth their weight in gold and ultimately, they are the means by which you can scale in real estate.Here are some recommendations on how to find a property manager:1) Google and Yelp to see what the available universe of managers is2) Call the owners of comparable properties to see how they use and get referrals3) Qualify your list by whether or not they have experience in managing the kind of asset that you plan to buy and how professional they are e.g. do they have a team, do they employ software like appfolio, building etc4) Property management works best when you ‘asset manage’ them so don’t plan to be completely hands off.
25 January 2020 | 2 replies
The security deposit balance will be mailed to you within 14 days after you return possession to the forwarding address that you provide to us.Tenant(s) furthermore expressly agree to pay for such cleaning and for any repairs needed as outlined on the Move-Out Charge Sheet.
27 January 2020 | 20 replies
A loan that isn't secured by assets is just a normal loan that is secured by your credit, income and DTI.