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Results (10,000+)
Alex Staunton Loan for a 6 Family Rental Property? 15 year at 5.25%?
18 July 2018 | 6 replies
@Alex StauntonA quick analysis:Monthly ExpensesDebt +Taxes+Insurance+Other Expenses ($4,800+1,100+200+3,000)=9,100Total Monthly Revenue = 9,000You still have not included property management (if we assume a 10%) you are looking at about 10k in expenses and 9k in revenue. 
Tomiko Graves HML one-time deposits?
18 July 2018 | 1 reply
Is it standard for HMLs to ask for a one-time deposit of $3500 that includes: 1) evaluators going out to property to determine whether it's a good deal, 2) enrollment fee and 3) "skin in the game"?
Pete Woelfel Building a Handyman/Contractor Network
22 July 2018 | 5 replies
Whenever I need a contractor, I just do a search in the group--of course, I still verify with the person that recommended them and my own vetting process which includes a CCAP/License (if applicable to job) and insurance check. 
Scott F. 401k Reform - Early Withdrawal Penalty
20 July 2018 | 2 replies
Brady is working on a bill in the House (as is the Senate) on reforming 401(k) plans, to include access to the funds.
Account Closed Property Manager or Landlord First rental
14 August 2018 | 14 replies
Every excuse was made including by the Broker himself (who promised to handle himself), including lost check in route and "We have 5 offices, 135 agents, sell 2400 properties a year. 
Account Closed Notice of Default after chapter seven discharge
20 July 2018 | 10 replies
Filed chapter seven last year, included the house (surrendered) and was discharged Nov. 2017. 
Bruce M. advice needed - Title issue
15 November 2018 | 28 replies
Same as if you paid 4 months of property taxes which included 2 months after your closing....you'd want half back, and be entitled to it, even if Your attorney "missed it".Certainly it was sloppy for the closing attorney to miss it, there is Always a proration of property taxes in one direction or the other, unless you just happen to close on the day of a new tax cycle.
Martin Ruiz Investor looking in Las Vegas
30 July 2018 | 5 replies
Base your offers on comp value not list price and try to stick to a formula that includes all costs and a decent profit.
Ray Loveless Can a duplex be rented as a 4plex.
31 July 2018 | 12 replies
Price it as a duplex and budget for the conversion (including any downtime for renovations).
Andy Mirza Changes to Definition of Accredited Investors
9 September 2019 | 59 replies
The definition of accredited investor will be updated to include "an individual determined by the Securities and Exchange Commission (SEC) to have qualifying education or experience."