2 August 2024 | 53 replies
A fair amount to agree upon although I foresee a few major looming modifiers that I predict have a high degree of likelihood in happening that have strong influence in adjusting markets. - The correlation of erosion to buyers purchasing power in monthly mortgage payment (increased property tax's, property insurance, HOA fee's) is a factor I see counter acting a slowly declining interest rate, making for a ~net-0 market activity environment on YOY volume metric. - Leading into home stretch of POTUS election cycle, the above may be a strong catalyst to press the deployment of a stimulus offering in form of home buyer empowerment
4 March 2018 | 7 replies
Making some small changes and adding a PM drops your NOI by 17% Gross Rent $19,200.00 Vacancy $480.00 (includes economic vacancy) GOI $18,720.00 (Next to Expenses are their percentage of GOI) Pro Forma Modified Electric $324.00 1.73% $400.00 2.14% Snow $240.00 1.28% $300.00 1.60% Insurance $504.00 2.69% $504.00 2.69% Tax $1,200.00 6.41% $1,300.00 6.94% Main $960.00 5.13% $1,500.00 8.01% PM $1,872.00 10.00% Exp $3,228.00 17.24% $5,876.00 31.39% NOI $15,492.00 $12,844.00 Say a 13 cap is the going rate for parks, these changes drop the price from around $120K to $99k.
1 July 2020 | 97 replies
If, after the deferment, you have to modify your loan, it may show up.If you have a non GSE loan, whatever the lender wants to do, if they want to do anything, however the lender wants to report, is up to them.
29 March 2022 | 92 replies
Modified bitmen or torch down will cost around $350 - $700 / square -- depending on where you live and the brand name and most important, how many layers.
6 December 2013 | 7 replies
Not sure I'd be willing to modify an old chimney on a low rent prop.
6 October 2020 | 38 replies
standard process. 3/4" plywood 1/4" cement backer board, acrylic modified thin set and the key to a good result is the little plastic hooks and wedges that ensure all the edges are flush.
11 February 2014 | 4 replies
Hi guys, I have a seller who has a $150,000 House with a $129,000 loan. the loan is currently being modified and they have been told when it comes back payments will be 11-1300-- rent is 1750 for that area, they are very motivated to move and I am trying to work out the best way to do it for all parties.This is a virtual deal, it is in Houston and I'm not from there, I do have a partner there but we prefer to make quick $ rather than hold/manage it..
7 February 2024 | 8 replies
If your modified adjusted gross income (MAGI) is below $100k, the passive activity loss rules may allow you to deduct up to $25,000 in passive losses.
4 August 2016 | 1 reply
Today’s final rule generally requires, subject to certain exemptions, that servicers provide those borrowers periodic statements with specific information tailored for bankruptcy, as well as a modified written early intervention notice to let those borrowers know about loss mitigation options.
10 August 2007 | 6 replies
Just wondering the language I should use to let the seller know that after they sign a blank copy of the purchase and sale, that the price offer will be modified several times without there consultation.