A Challenged Multifamily Owner is an Investor who is not able to manage the various aspects of apartment ownership, including deferred maintenance, property taxes, and mortgage notes. These challenges arise due to life situations, such as divorce, bankruptcy, and the bad tenants .
I find myself regularly asking my Investor friends and new Investors, what their investor criteria is, and while I like the idea of sending a web form for them to fill out, I prefer to have a conversation, or at the very least have them email me all the deets. The reason for this is that while an Investor may have a basis of criteria for metrics like Internal Rate of Return (IRR) and Cash on Cash (COC), the markets change
Probate is the judicial process that administers and settles the Estate of deceased persons. The probate court process can take quite some time and requires patience, organization, and a team of professionals to support the heirs, Executor or Administrator in the process. In general, there are three phases of probate.
A Lease Option is a form of real estate purchase where the Buyer leases a property with the option to purchase the property at the end of the lease term. It is an ideal alternative for Buyers who want to buy a home but don’t yet meet lending requirements to do so. Even if a Buyer has BAD or NO CREDIT, a a Lease Option Home is a fast path to homeownership and creating wealth through real estate.
In order to display the National Association of Realtors® trademark, agents must first agree and adhere to a strict Code of Ethics. Additionally, the more than one million members of the NAR® are dedicated to lifelong learning and professional development. One way that Realtors® set themselves apart from typical real estate agents is by earning a professional designation from the NAR®.