Bryan Zayac
Residential Development Costs
17 January 2025 | 2 replies
Than there are off-site issues such as availability and capacity of utilities and the capacity of access roads, and on-site issues such as depth of bedrock (is it diggable or will you have to blast?)
Cameron K.
Philadelphia 2024 - Top Hard Money Lenders
17 January 2025 | 6 replies
Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.
Henrry Novas
Looking to Connect with Spec Builders
10 January 2025 | 7 replies
U can check out ivyridgeestatescanby dot com for my 90 home project in Oregon that I did with my oregon bank and then my website for pictures of homes we built in Charleston SC which is the only market I tagged HML ( lima one) and only one time the rest were done with Ameris bank or Service first bank that is local in the market. its all about the three C's Character Collateral and capacity..
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
4 January 2025 | 13 replies
Became very unresponsive very quickly, did not complete agreed upon work, made false claims about capacity and what they would do, etc.
Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
This client was transferred to me by another PM in our company because her portfolio is maxed out and she doesn't have capacity to take on more properties.This client had been self-managing a short-term SFR for the past several years and recently converted it to LTR.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
12 January 2025 | 0 replies
But without the experience, knowledge and capital (actually CREDIT CAPACITY) I accumulated the prior 2 + years, this transaction would not have been possible.
Brian A Reed
Newbie fired up about REI and getting started in 2025!
5 January 2025 | 2 replies
I envision this portfolio supporting me during my retirement years—though I still plan to work, just in a different capacity than I do today.I recently finished reading "How to Invest in Real Estate: The Ultimate Beginner's Guide" by Josh Dorkin and Brandon Turner, which has been incredibly helpful.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
@Andy S. what capacity are you operating in?
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
For clarity; as with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.