30 July 2018 | 13 replies
Paying them separately gives you a few extra months of letting the money sit in an interest bearing account but that's about it.
18 September 2018 | 5 replies
#2 is not in your favor-you are very correct.But as usual. ...depends on your deal.
17 August 2018 | 30 replies
@Sam Grooms we usually include a certain percentage for construction contingencies for these kinds of situations, but that’s certainly a case by case basis based on the severity of the repairs.
28 July 2018 | 2 replies
I know adjusters want to see the damage and are usually quick to make arrangements to view the damage.
29 July 2018 | 13 replies
the spread was usually 10% or so..But for sure if a deal is stressed because 6% money only works and 7 or 8% money throws it out then those are some really tight spreads to be working with.. and one would not want to be signing up for 3 to 5 year call notes.
28 July 2018 | 5 replies
We usually sell them within a month or two.
7 September 2018 | 13 replies
@Seth Deitchman Those are great goals: Through Tax deed auctions you can certainly attain a profitable portfolio of flips/rentals if your Purchase Price is low enough to account for the rehab usually associated with Tax Deeds (as well as the other factors of course: neighborhood, market, etc).
27 July 2018 | 9 replies
You will usually be required to put 25% as a Down payment.
30 July 2018 | 6 replies
(not so important but if they only require 15% down on a single family home that is usually a good sign that you are working with a flexible lender) Can I change title to my LLC?
28 July 2018 | 8 replies
Normal business hours are usually a safe bet, so if you present the tenant with a written (I would also send an email if possible, never rely on one form of communication) date and time block that you will be entering to show the property there is little they can do to dispute your actions.Always remember that they can always take to civil court and being a landlord/property manager is one of the most litigious careers in the country, so make sure to document the process each step of the way to best protect yourself and your assets.