All Forum Posts by: Tod R.

Wow, this IS clever yet simple.

I've heard of gadgets being put on card swipes at gas stations that capture your CC info but this is too simple if the thief is willing to hang around and play "good samaritan".

Wonder why they call it the "Lebanese" loop?

Not sure it would be a popular enough topic, but construction/development would interest me.

Or maybe, single family vs multifamily, commercial.

Expressing this to the PM should help persuade them to back off. While I doubt it's "standard", it doesn't matter. What matters is how the written agreement, or L/O contract says.

Let us know how this plays out.

Welcome to BP Mondana. You'll find this an excellent source for networking and education.

How does RE Legends work? I assume it's more than just a RE brokerage company?

I had the same experience with State Farm, expensive. I went with Farmers Insurance but I'm going to give Tx Farm Bureau a call.

Steven, I've never dealt with HRB but my impression is that you don't necessarily deal directly with a CPA or even an enrolled agent. I would've guessed it is reviewed and signed by one, but I thought the client deals with a trained data entry person. Do you get an EA or CPA assigned to you or do you get a different one each year?

What is considered an appropriate leasing fee for for a SFR?

Maybe starting out you can get comfortable with HRB, but when Jon puts it this way, I know who I would rather have going into the auditor's office...

Why do you suppose your rents are so low compared to competition? Is your occupancy greater than competition? What about rental concessions?

Your ROI depends on several factors, including level of debt and whether you overpaid for the property plus improvements.

In our multifamily deals, we focus more on appreciation, but we look for an annual cash on cash of anywhere between 5-10%.

I have a bank loan of 30yr @ 6% on $350K, a 63 ltv.

My MH on land is private money of 10% on $45K, 80% ltv.