31 May 2019 | 2 replies
I would call a number of banks and credit unions around the property and see if there are any better loan terms but this is standard.
14 June 2019 | 7 replies
In June 2018, the company made their first foray into the MHC space, acquiring a 14-asset portfolio for $172M.Green Street is the gold-standard for independent research within the commercial real estate industry.
8 August 2018 | 6 replies
Interestingly enough, my first landlord when I moved to Omaha was a retired police officer.They Self ManageThis is the one area where I don't personally follow the standard 'Mom and Pop Investor' model.
5 August 2018 | 2 replies
The lender will also order their standard documentation (title, credit report, property evaluation or appraisal to determine the value of the property, etc.).
3 August 2018 | 6 replies
Per the lease it was the tenants' responsibility to cover lawn maintenance and water was to be paid by the landlord and reimbursed by tenants.Although it was the tenants' responsibility to maintain the lawn, we worked out a handshake agreement that the landlord would continue paying his lawn guy and we would reimburse him for it.
3 August 2018 | 8 replies
Since we launched the last year has been solid - Since we have lived on the property it only would cost us around 50 extra a month for water and utilities from what we were already paying.
6 August 2018 | 6 replies
For instance, have you accounted for maintenance, CapEx reserves, taxes, insurance, water, trash, electric, gas and landscaping?
12 August 2018 | 7 replies
Assuming that you are interested in buy and hold, you will also need to include repairs, capital expenditures (CAPEX), vacancy, water/sewer (unless tenant is responsible), and property management.
6 August 2018 | 8 replies
Anyway, I always leave with the standard first step: Have you talked to a lender yet?
3 August 2018 | 5 replies
I use Renters Warehouse for tenant screening and placement (I do the management), and use their standard lease.