20 February 2012 | 8 replies
Needless to say, my day time job was starting to suffer so I had to make a choice, either outsource and scale or go crazy.
19 February 2012 | 6 replies
You want to easily evict your tenant buyer if they stop paying, but you want the deal with your seller tighter.You would, hopefully, collect a relatively large option fee from your t/b and give a small one to the seller.
19 February 2012 | 2 replies
the tenants at one house moved out a few weeks ago. they were there just one year and moved in after the house was freshly painted and re-carpeted.anyway. there were fingerprints and smudges on the walls all over the house and even areas that you'd have to try to leave a fingerprint. nothing that a new coat of paint can't cover, but the whole house needed to be re-painted.regarding the carpet, there are dog pee stains and large furniture impressions. they tried to steam all stains out and even used spray chemicals to remove them. it does not smell, but the stains are there.would you charge them or keep a portion of the s. deposit for something like this?
21 February 2012 | 18 replies
I have seen 100% financing that works if the LTV and the deal is good enough.Example appraisal has value at 1 million and contract price is for 65% or 70% LTV (650,000 - 700,000).What I have seen promised and has been a scam is lenders loaning 100% of stabilized value or market value.I have not seen one of those close.They typically take fees as stated or I have seen them take LARGE DEPOSITS and then delay closing the deal and never close but use the money for 6 months to make interest and money for themselves.
20 February 2012 | 2 replies
I own several SFHs in the lower end of the scale (20k-after-rehab-ish) and while those rent for 550$ on average, some months I may see 20% of that in net income, and most of the time like Jon side, when I get hit with something "unexpected" it may take a big chunk of the gross since while the house is cheap, maintenance costs are high in comparison.
20 February 2012 | 8 replies
Large security deposits required by utilities for commercial accounts
20 February 2012 | 5 replies
If they see a large increase they may be priced out of the market and prices may fall.
20 February 2012 | 1 reply
Here it said in large print.
13 March 2012 | 16 replies
I have a rather large apartment complex near Dallas and I'm in the process of trying to refinance it at the present time.
7 January 2013 | 10 replies
How do like that statement from a guy who's made a career focusing largely upon probate?