All Forum Posts by: Elliot Vann

I got mine and it’s costing me way more than it’s worth....

@Yonah Weiss

My M.S. in accounting has helped me a lot analyze financial statements with ease. This has been crucial for all my acquisitions and management work.

I believe everything helps!

@Justin Wroblewski I’ve heard appfolio is really good, because your tenants can also pay in a drug store.

The agents commission can come in installments from the purchase price. Just reassure the agent you will take care of them!

Yes I agree! People want 100% seller financing to walk up to them and say “here’s a present!” I believe it is possible and it might take a lot of work to find but a deal is a deal for both sides! And to the right person 100% financing will be a perfect opportunity to defer capital gains and collect income even if for the buyer it may be at a higher purchase price and higher rate. But hey that’s why they call it creative financing!

Thank you!

I totally understand that. It could be a letter from a lawyer is enough. It is much less hassle but sometimes equally as effective.

I can tell you from my pm experience no one answers quicker than to a court order! Opens up lines of communication real quickly.

Wow! Best of luck! I would offer my experience on the property management side but sounds like switching pm would do just fine. As far as termination fees, file suit for the terrible job they’ve done and either they will back off from the termination fees or they won’t and you’ll make back more on the lawsuit. First, check the fees and Jon description in the contract but I can’t imagine they are keeping up with their side of the bargain based on your description. Good luck!

Jeff Groudan Thank you! Can you go into a bit more detail on the terms you had? What was the rate and monthly payments like? And over only 5 years?