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3 February 2025 | 1 reply
I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.
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10 February 2025 | 6 replies
I find all parties leave the transaction greatly satisfied.
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31 January 2025 | 5 replies
Property is in Nevada which requires 60 day notice.If I renew lease with the tenant for another year, but increase rent on 2nd month, would that satisfy the 60 day notice?
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10 February 2025 | 11 replies
Get it under agreement for less than asking price and offer to bring the loan current and have them carry that loan.The way I see it is they are just getting MLS properties under agreement - the last five I looked at had been sitting on the market for more than 150 days (overpriced) because the payoff of the loan would not be satisfied at lower price point.
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6 February 2025 | 7 replies
Can any investors in the Indianapolis market please help by referring me to an agent they have used to buy properties that they were satisfied with?
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15 February 2025 | 0 replies
Here’s how it works:1️⃣ Sale Price: The purchase price must be $300,000 or less.
2️⃣ Buyer’s Intent: The buyer (or a family member) must have a bona fide intent to use the property as a primary residence.
3️⃣ Occupancy Requirement: The buyer must occupy the property for at least 50% of the days it is used during the first two years after the sale.If these conditions are satisfied, the 15% FIRPTA withholding is waived.
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9 February 2025 | 4 replies
As far as the vacated tenant, I'd let them know that their deposit will be returned when the lease is legally over, assuming it is not used to satisfy missed rent.
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29 January 2025 | 6 replies
I haven't seen much said about them but I'm satisfied with what I've experienced.. they've made me money and I collect rent every month.
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16 February 2025 | 24 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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31 January 2025 | 12 replies
They must satisfy "material participation" test for their STRs to utilize the strategy.