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Results (10,000+)
N/A N/A Starting out - several questions
30 April 2007 | 16 replies
Mike-Can you break down what the expenses are that comprise the 50% of rent figure that you use?
N/A N/A 4-PLEX VERSUS 8-PLEX FINANCING
4 May 2007 | 4 replies
Its roughly the same process for a builder or developer that's taking a big chunk of land and breaking it into lots, or for a condo conversion where a multi-unit building is broken into individual single family units and sold separately.The added value is that its easier to get a loan on a fourplex (residential financing) than anything bigger (commercial financing.)
N/A N/A Non Disclosure/Non Circumvention Contracts
25 April 2007 | 2 replies
If you have a contract with the seller and they break it then you can sue the seller for specific performance, damages, and possibly the buyer for breach of contract.Be aware that as a birddog, a Non-Disclosure contract is most likely not legally enforceable in a court of law.
N/A N/A Convincing parents to do a lease-to-own
30 April 2007 | 4 replies
At the moment it is priced under appraised value, and right at break even plus commissions.
Matt H As a beginner, what is your biggest problem?
2 May 2007 | 14 replies
Even though it might break down to that, you can't go by that.
George Batton Found 5-plex online
4 May 2007 | 3 replies
I spoke to one of the building inspectors and he said that they get a big rash of calls after parent visiting day for people trying to break leases.
Mark Beekman 2 quick Fico questions
22 June 2007 | 10 replies
I recall reading a post on here that breaks it down in greater detail.
Mark Beekman Can't Get Numbers to Work
18 May 2007 | 18 replies
It seems like every rental building I've looked at has it's asking price strategically set at a break-even point.MikeOH- How are you able to get such big discounts on your purchases?
Matt H The value of doing your first deal....
21 May 2007 | 21 replies
I want to break-even at least..
N/A N/A start with less then $1500?
20 May 2007 | 11 replies
Hope that helps.But I do have a question, what if the seller wants to break the contract to sell to another investor who is offering a couple of grand above your offer??