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All Forum Posts by: Jason Taken

Jason Taken has started 51 posts and replied 304 times.

Post: Unlock the Power of AI-Driven Fix and Flip Analysis

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104

Are you a real estate investor looking to maximize your profits in the competitive fix and flip market? Look no further than the FREE Fix and Flip Analysis tool, developed by Jaken Capital and available at https://fixandflipanalysis.com.

This innovative online platform leverages artificial intelligence to provide rapid and comprehensive analyses of potential fix and flip investments. With the ability to generate instant property evaluations, you can quickly assess the viability and potential profitability of fix and flip opportunities.

How It Works

  1. Input Key Property Details: Simply enter the purchase price, estimated renovation costs, and projected sale price of the property you're considering.
  2. AI-Powered Analysis: Our system analyzes this information alongside market data to provide a detailed breakdown of the investment's potential returns, risks, and overall feasibility.
  3. Instant Insights: Receive comprehensive results in a matter of seconds, streamlining your decision-making process and empowering you to make informed investment choices.

Benefits for Real Estate Investors

  • Efficient Evaluation: Evaluate multiple properties quickly and efficiently, increasing your chances of identifying lucrative investment opportunities.
  • Data-Driven Decisions: Make informed decisions based on accurate and up-to-date market data, reducing the risk of costly mistakes.
  • Optimize Your Strategy: Whether you're a novice or experienced investor, our tool helps you refine your fix and flip strategies to maximize profits.

Visit Our Website Today

Discover how the FREE Fix and Flip Analysis tool can transform your real estate investment strategy. Visit https://fixandflipanalysis.com to start analyzing potential fix and flip opportunities and unlock your path to success in the competitive real estate market.

Take the first step towards smarter, more profitable investments. Try the FREE Fix and Flip Analysis tool today and see the difference for yourself.

Also, check out Jaken Finance Group, a private lending firm specializing in hard money and private money loans, and a pioneer in developing AI tools for real estate investors. Visit www.jakenfinancegroup.com for more information.

Post: Dscr loan Co-signer

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104
Quote from @John Morgan:

I’m doing this right now. Just get the loan with the co-signer then quit claim it later to get them off.


 No.

Post: Dscr loan Co-signer

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104

They will be on title.

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Discover the power of informed real estate investing with our FREE Personalized Real Estate Market Feedback tool. Visit us today and take the first step towards making smarter investment decisions.

Explore strategic financing options with Jaken Finance Group, a private lending firm specializing in hard money and private money loans. Visit jakenfinancegroup.com to learn about their innovative AI tools for real estate investors.

Post: Hard Money Loan Past Due (any red flags?!!!)

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104

did you actually have a secured lien? you should be calling an attorney if what you've said above is true.

Post: Practical Questions for Small Multifamily

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104

Hi there,

Congratulations on your decision to purchase your first small multifamily property Here are some answers to your practical questions:

### Cleaning Common Areas

You should clean the common areas regularly to keep the property tidy and safe. A good rule of thumb is to clean high-traffic areas like hallways, staircases, and laundry rooms at least once a week. This can include sweeping, mopping, and dusting.

### Pest Control Treatments

Pest control treatments should be done on a schedule to prevent infestations. Typically, you would have a pest control service visit every 2-3 months, but this can vary depending on the region and the specific issues you're dealing with. Make sure to keep records of these treatments.

### Snow Removal

Since you're in Florida, you don't have to worry about snow removal. However, if you ever manage properties in colder climates, it's crucial to have a snow removal plan in place. This usually involves hiring a snow removal service or having a clear policy for who is responsible for clearing snow.

### Heating and Air Conditioning Common Areas

For a property like yours with a hallway, staircase, and basement laundry area, it's not always necessary to heat or air condition these common areas. However, if you decide to install HVAC, it should be based on the comfort and safety of your tenants. If the areas are not climate-controlled, make sure they are well-ventilated.

### Leasing Fees Discounts

Sometimes, property management companies or real estate agents may offer discounts for leasing multiple units. It's worth negotiating, especially if you're working with the same agent for all the units. The traditional one month's rent for the leasing fee is common, but you can try to get a better deal.

### Trash Management

For trash, it's common to have a shared dumpster for the property. To prevent neighborhood use, you can:

- Secure the dumpster with a lock.

- Clearly label the dumpster with the property's address.

- Inform your tenants about the proper use of the dumpster.

Each tenant should be responsible for taking out their own trash on the designated collection days, but having a common dumpster is usually more convenient and cost-effective.

Remember, clear communication with your tenants is key. Make sure to include all these details in your lease agreements and tenant handbooks.

Good luck with your new property!

Post: Unlock the Power of AI-Driven Fix and Flip Analysis

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104

Are you a real estate investor looking to maximize your profits in the competitive fix and flip market? Look no further than the Free AI Powered Fix and Flip Analyzer from Jaken Capital. This innovative online platform leverages cutting-edge artificial intelligence to provide rapid and comprehensive analyses of potential fix and flip investments, empowering you to make informed decisions and seize lucrative opportunities.

Instant Property Evaluations at Your Fingertips

With the Free Deal Analyzer, you can generate instant property evaluations, assessing the viability and potential profitability of fix and flip opportunities in a matter of seconds. By harnessing AI technology, this tool processes complex real estate data and market trends to deliver insights that significantly streamline your decision-making process.

How It Works

  1. Input Key Property Details: Enter essential information such as purchase price, estimated renovation costs, and projected sale price.
  2. AI-Powered Analysis: The system analyzes this data alongside market trends to provide a detailed breakdown of the investment's potential returns, risks, and overall feasibility.

Why Choose the Free AI Powered Fix and Flip Analyzer?

  • Efficient Evaluation: Evaluate multiple properties quickly and efficiently, increasing your chances of identifying profitable investment opportunities.
  • Data-Driven Insights: Make informed decisions with comprehensive, AI-driven analyses that help you optimize your fix and flip strategies.
  • Suitable for All Investors: Whether you're a novice or an experienced real estate investor, this tool is designed to help you succeed in the competitive fix and flip market.

Get Started Today

Visit https://freedealanalyzer.com to access the Free AI Powered Fix and Flip Analyzer and start making smarter, more profitable investment decisions. Take the first step towards maximizing your fix and flip profits with the power of AI-driven analysis.

Discover the Potential of AI-Driven Fix and Flip Analysis

Click on the link to explore the Free AI Powered Fix and Flip Analyzer and unlock a new level of efficiency and profitability in your real estate investments. Visit https://freedealanalyzer.com now.

Jaken Finance Group, a private lending firm specializing in hard money and private money loans, is also developing AI tools for real estate investors. Learn more at www.jakenfinancegroup.com.

Post: Looking for investment in Wisconsin

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104
Quote from @Marcus Auerbach:

No special knowledge required to purchase in an LLC. But you need commercial lending, lately hyped up as DSCR loans. I would be more concerned about your decision-making process and your exit strategy. Putting it bluntly, close to every partnership I have ever seen in REI broke at some point, most of them not pretty to watch. It works best when partners are passive and only one person makes decisions. And when you have a clearly spelled out exit.


Solid advice on this one. The only thing I'd add here is that if you want to understand the tax implications of purchasing a rental property with a multi-member LLC, discuss with a local CPA that WORKS with investors (not every CPA has this type of knowledge)

Post: Market Trends in Hampton Roads Virginia

Jason TakenPosted
  • Lender
  • Chicago, IL
  • Posts 327
  • Votes 104
Quote from @Kerrel Gomes:

Curious if investors are seeing an increase in demand in the Hampton Roads area. Seems like days on market is going down but inventory is trending slightly upward. What are you all seeing?


Hi there,

From what I've seen and the data suggests, the Hampton Roads market is indeed quite competitive. Here are a few key points to consider:

- **Days on Market**: Yes, the days on market have been decreasing. For example, in Hampton, the average days on market increased to 39 days in September 2024, but this is still relatively fast compared to many other markets.
- **Inventory**: Inventory is slightly trending upward, but it's still at historically low levels. In Hampton, there was a 7.3% increase in homes for sale from August to September 2024, but the overall inventory remains tight.
- **Demand**: Despite the slight increase in inventory, demand remains strong. Home prices in Hampton have seen a 12% increase over the last year, and homes are selling close to or even above the asking price.

Given these points, it seems that while there is some increase in inventory, the demand is still robust enough to keep the market competitive. Investors are likely seeing multiple offers on properties, and homes are selling relatively quickly.

If you're considering investing in this area, it might be wise to act quickly when you find a property that fits your criteria. Also, keep an eye on mortgage rates, as they can impact buyer demand. According to recent predictions, mortgage rates are expected to stabilize in 2024, which could bring more buyers back into the market.

Feel free to reach out if you have more specific questions or need further guidance on navigating the Hampton Roads real estate market. Good luck with your investments

As a real estate investor, staying ahead of the market is crucial for making informed decisions and maximizing returns. That's why we're excited to introduce you to our FREE Real Estate Market Analysis tool, available at http://freerealestatemarketreport.com.

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Don't miss out on this valuable resource. Visit https://freerealestatemarketreport.com today and start making data-driven decisions to drive your real estate investment success.

Best regards,
[Your Name]

Explore Jaken Finance Group at www.jakenfinancegroup.com – a private lending firm specializing in hard money and private money loans. They are also developing innovative AI tools for real estate investors.