15 March 2026 | 4 replies
I wonder what's the normal split of the remaining of the profit between myself and the developer - provided that the developer is not putting any cash, but will be taking care of everything from getting the permits, drawings, etc. all the way to overseeing the sales of the units.
5 March 2026 | 5 replies
It is always best to use a contract that is normal for your state so everything is done properly.After the seller signs the contract, you normally send it to a title company or real estate attorney to open escrow.
7 March 2026 | 2 replies
The house is settling in the rear and front porch area, but I was told this is normal for a house of its age.
2 March 2026 | 13 replies
Lenders who take time to underwrite these want loan amounts might want to see higher amounts than a normal DSCR lender.Last thing, make sure they are okay with the area.
27 February 2026 | 3 replies
Normally it's one of the following: Upgrade, downsize, estate, relocation, or financial distress--(too many causes of distress to list).
1 March 2026 | 4 replies
Each time the behavior has reverted to "normal" without me taking any actions other than leaving the site and returning an hour later.
13 March 2026 | 4 replies
The idea is simple: you enter an address, and it pulls together all the publicly available data you'd normally spend 2-3 hours assembling across 10+ tabs: property details, tax assessment data, FEMA flood zone, demographics, crime stats, walk score, school ratings, rent comps from listing aggregators, and actual city permit records (+cross-referenced against the broker's capex claims when available).I ran a prototype on a real deal currently listed in Denton, TX, a 16-unit near UNT listed at $1.89mm with possible owner financing.
17 March 2026 | 10 replies
You amortize it Normally you would amortize it and then deduct the remaining unamortized costs at refinancing.
7 March 2026 | 17 replies
AI is definitely not going to take over accounting or bookkeeping because accounting will always be a gray area.I do use it to put a nice executive summary that would normally take me 1-2 hours to do and AI can do it within less than a minute but then I do some editing and then maybe I spend 30 minutes on it.