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Results (10,000+)
John Soforic new purchase, very low rents
14 January 2014 | 16 replies
Properly permitted and within local noise ordinance hours of course.Other than that paying them to leave sounds like the quickest option.
Jennifer A. Importance of inspections and reserves reinforced
16 March 2014 | 3 replies
The heating company boss (who got called down to our house by the contractor) deemed it so important to get replaced that he was pulling people from other jobs to get it done today.Needless to say my father-in-law is now a believer in my inspections (we also found a moisture problem in the bathroom causing the paint on the ceiling to peel that had never been reported by the tenants and fire alarms that were not functioning properly) and I'm so glad that I have a reserve fund!!
Anibal Zapata New to real estate..Cash flow help!!
13 January 2014 | 3 replies
BP we need help in how to handle these properties so we can properly and legally start producing the correct amount of Cash flow.
Dan Costantino Selling a flip to someone going FHA
14 January 2014 | 6 replies
Most of our rehabs are sold to fha buyers, as long as they have proper preapprovals, we close consistently without problems.
Andrew Scott Lease option - taxes and seller's risks
3 December 2014 | 20 replies
To clarify, strike one is creating a balloon note on a consumer loan to a borrower with poor credit history, strike two is failing to service the obligation properly, strike 3 would be attempting to foreclose on the situation you set them up to.
Justin Przybylski Title and deed
22 January 2014 | 36 replies
Each deed must be signed by the owner of record and filed in accordance with the state standards and mortgages must be released by the proper parties, etc.
Andy Bui Fund Raising ! How to keep track of investors money? How to be organize?
20 January 2014 | 10 replies
It's too critical in these matters to DIY.As Adam mentioned, initial consultations are often available at no charge, thereafter consider these expenses as the cost of doing business and spreading the cost in all the business you do, spending $50 in order to do a transaction properly is not a huge cost.I'd think that your investors would want things done properly.
Raphael Vargas Lease Option Assigning??
18 January 2014 | 1 reply
The Tenant/Buyer shall have the right to make such repairs, maintenance, and improvements, as the Tenant/Buyer shall deem necessary, proper or desirable.
Tim Pommett Can you have too few rental properties?
3 February 2014 | 26 replies
(multiple vacancies when you only own 5 properties) However this is easily handled by having a proper amount of cash reserves.
Jordan Vires 16 units-How much are they worth per unit?
24 June 2014 | 11 replies
16 units * $550 a month = $8,800 a month or $105,600 a yearAssume 50% expenses without actuals (you need to get actuals)50% expenses = $52,800NOI = $52,800So at a 10 cap the property is worth $528,000You need to find out what the going cap rate in your area is (call a commercial lender and ask)You need to see actual expenses to properly calculate this