Jared Sandler
Important questions for a Hard Money Lender!
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Jared Sandler
Important questions for a Hard Money Lender!
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
AJ Anderson
Importance of loan step cadence (multiple purchases)
Morning everyone!My question is in regards to multiple purchases affecting each other in regards to lending. We're in escrow and closing on a condo in FL on October 8th. In the meantime, I'm also shopping for a SFH in...
Lee Sillemon III
Why is knowing the Property Tax important?
Why is knowing the property tax at the beginning of purchase important? Say I'm purchasing a multi-family.
Shane Willis
Most important evaluation criteria for neighborhood/town
When looking in towns/neighborhoods, what is the most important criteria to look at to determine if it is desirable? Schools, Crime, Industry?Suppose you think you have found a good property (SFH) but the town doesn’...
Andrew Warner
How important is timing in real estate?
I have had this conversation with some older more experienced brokers at my firm regarding real estate and wanted to hear some opinions from expierenced investors. A lot of them believed that timing in the right ma...
Robert Vieira
Importance of Equity on Flip and Hold
Hey Everyone,
When purchasing a rehab property with intent to fix and hold, is Equity as important as the Cap Rate and NOI?
Example: Multi-family property is purchased for 10K, and 50K is put into rehab. Local Comps...
Mike Russo
The importance of a Carbon Monoxide Detector
Hi all,I want to share a story about the importance of having working carbon monoxide and smoke/heat detectors in your rentals. A friend of mine has a single family rental occupied by a mother and three children. He r...
Cary F.
Population Growth - NOT the Only Important Factor?
This is an interesting article which takes a look at the statistical correlations behind property valuations. The assumption seems to be that high population growth areas are the places that make the most sense for mu...
Eric DeVito
Newbie with few important questions! Please help!
Hello all! So I am going to meet with a realtor for the first time this weekend to go check out some homes. He just sent me a bunch in my price range via MLS. Some homes he sent me have current tenants paying rent. I ...