3 November 2025 | 15 replies
It necessitates real deep pockets or teaming together for the costs.
1 October 2025 | 4 replies
Hi all, I am using RentRedi for tenant screenings and receive this message for the criminal report for all my applicants: A criminal search cannot be completed for your applicant because certain local regulations necessitate the implementation of a 2-phase screening process and confirmation of implementing a 2-phase screening process has not been provided.I am in Cook County, IL and it recently became law that credit and other screenings have to be reviewed and accepted first before a criminal report can be viewed.
3 October 2025 | 11 replies
High interest rates (9.25-11.5%) necessitate holds under six months to protect margins, and soft costs like $10k Orange County permits require careful budgeting.LTV Ratios: 65-90% of purchase + 100% rehab (up to 75% ARV); newer investors get 60-70% (e.g., Titan Funding), while pros secure 90% LTC (Ridge Street Capital).Holding/Closing Costs: Often rolled in (2-3% closing + $5-7k/mo holding); a Clermont flipper rolled $15k into a $250k loan, raising rates 0.5%.Points: 1-3 upfront, 0-2 backend (2-5% total); a Leesburg deal paid 3 points ($9k) for a 7-day close.Creative Structures: Seller carry-back (10-20% down, 4-6% rate), subject-to (0% down in Maitland), or 50/50 JVs with GCs ($80k profit on $500k Clermont flip).
23 September 2025 | 31 replies
And it doesn't necessitate going to the low end of the market to chase yield.
14 September 2025 | 8 replies
A contract for deed THEORETICALLY works differently, in that since the warranty deed is NOT recorded there’s no need for formal foreclosure - but in the last 20 years various states have passed laws and or regulations providing contract buyers with greater protections that may necessitate foreclosure or “foreclosure like” proceeding in order to gain “ownership”.
8 September 2025 | 4 replies
This will necessitate the production of a Private Placement Memorandum (PPM), Operating Agreement, and Subscription Agreement.
18 August 2025 | 11 replies
A $35k house in today's market screams war zone area, super rural with limited demand, or almost falling over (necessitating far more than $20k of renovation).
16 July 2025 | 2 replies
The resulting damage required repairs costing over $3,500.Sewer Line Replacement: During the shower remodel, broken tile pieces and debris from the GC’s work were found clogging the sewer line, necessitating a complete replacement at a cost of over $3,900.Additional Issues: Poor workmanship also led to defective toilet installation and a leaking kitchen sink, further increasing repair expenses.In total, the GC’s negligence has cost me over $10,000 in repairs and corrective work, in addition to the original rehabilitation costs.
10 July 2025 | 14 replies
This decision is solely within your rights and doesn't necessitate the tenant's approval.When planning an inspection, ensure that you provide adequate notice as stipulated in your lease agreement.
17 June 2025 | 6 replies
Any positive cash flow I had was eaten up by repairs necessitated by purposeful property damage, a lot of it by random vandals, and by former tenants who were kicked out.