29 January 2020 | 9 replies
Hi @Wesley Quinn, property managers are worth their weight in gold and ultimately, they are the means by which you can scale in real estate.Here are some recommendations on how to find a property manager:1) Google and Yelp to see what the available universe of managers is2) Call the owners of comparable properties to see how they use and get referrals3) Qualify your list by whether or not they have experience in managing the kind of asset that you plan to buy and how professional they are e.g. do they have a team, do they employ software like appfolio, building etc4) Property management works best when you ‘asset manage’ them so don’t plan to be completely hands off.
25 January 2020 | 2 replies
The security deposit balance will be mailed to you within 14 days after you return possession to the forwarding address that you provide to us.Tenant(s) furthermore expressly agree to pay for such cleaning and for any repairs needed as outlined on the Move-Out Charge Sheet.
27 January 2020 | 20 replies
A loan that isn't secured by assets is just a normal loan that is secured by your credit, income and DTI.
28 January 2020 | 37 replies
Growing areas, population growth, job security, etc.
5 March 2020 | 126 replies
I've seen around 400 cash flowing off-market deals secured in the OKC area in the past two years.
27 January 2020 | 13 replies
I typically ask for half the rent price as a security .
24 January 2020 | 9 replies
She gave me half month's rent as security deposit.
4 February 2020 | 11 replies
Well, I'll quote FannieMae.com directly here:"Borrowed funds secured by an asset are an acceptable source of funds for the down payment, closing costs, and reserves, since borrowed funds secured by an asset represent a return of equity.Assets that may be used to secure funds include automobiles, artwork, collectibles, real estate, or financial assets, such as savings accounts, certificates of deposit, stocks, bonds, and 401(k) accounts."
25 January 2020 | 19 replies
to know your business location is secure.
30 January 2020 | 33 replies
So after 2.5 years it is finally over.Next time I would definitely do a background check even if I know them from local meetups and BP and I would definitely get a note signed to secure a lien against the property.