On FCI's Diamond notes (the one's that they service), does one assume that a workout was unsuccessful and that FC is the only exit strategy?Also, is minimum offer really the minimum? Some notes seem overpriced.
Hey there team. Wondering if there is a basic formula out there for estimating rehabs (e.g. bathroom rehab generally cost ??, kitchen rehab generally cost ?? ). Looking for a baseline for quick initial rehab estimatio...
This is something I frequently see when reviewing opportunities:Travel and inspection costs / Asset due diligence $200K $300K etc.Now, if the entity is purchasing 1 or 2 assets, how much does t...
Hi everyone, I would love some help with this. I have a tenant who still has 8 months left on his lease. He recently informed me that his mother has fallen ill and he needs to move to Texas to take care of her and he ...
I'm working on building mine with the hopes of eventually dumping my current property manager and curious to hear from others:
1. Did you use traditional marketplaces like yelp, thumbtack, angi?
2. Is it common to p...
Question: In New York State, if a house was under contract but didn't end off being purchased (most likely a failed inspection), is a listing agent obligated to disclose to future buyers what happened?
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Method A-each prop and all its items together Prop 1 receiptsProp 1 hoaProp 1 loanProp 1 tenants Prop 1 etc. OR Method B- All common items from all props togetherProp 1 hoaProp 2 hoaProp 3 hoa Prop 1 loanProp 2 loanP...
Pending an inspection, I think I just bought a rental property here in Greenville! Wahoo! It is a bank foreclosure that was sold as is. I am trying to be unemotional because I trust the numbers I used, but this is on...
Hello all.
I have a very confusing situation that requires your expert opinion. Bellow I will itemize it hoping to receive some direction.
1- My client bought a commercial property 30 yrs ago for $250K....