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23 January 2025 | 21 replies
If you enter a neighborhood and you immediately lock all doors from the inside, and check to make sure your gun is loaded, you are in class D no doubt.On the other hand, most class A+ neighborhoods as you drive through you cannot see the houses from the street.
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23 January 2025 | 10 replies
I've had the best luck with FB groups, networking(local or through social media), referrals.
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29 January 2025 | 10 replies
This will help stop sound from sneaking through.
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31 January 2025 | 21 replies
Will share the company through PM Chris.
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14 February 2025 | 25 replies
No need to go through all that work, expense and permits for gas (unless the utility or state is offering a grant).
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28 January 2025 | 3 replies
When it comes to repairs, I recommend talking to contractors who can walk through the property for you and give you a solid estimate.
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28 January 2025 | 27 replies
Advice is for you to do this for another 5+ yrs to go through some real ups and downs to get a better sense of realized cash flows (net turnovers, evictions, capital events, etc).
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24 January 2025 | 17 replies
•This balloon payment will be paid through a cash-out refinance of an investment property valued at $198,000.7.Remaining Balance: After the balloon payment, the remaining loan balance will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Payment TermsInitial Loan Terms (First 24 Months):The monthly payment for the first 24 months is based on a 12-year amortization schedule:Monthly Payment for First 24 Months: $1,573.39Remaining Balance at Month 24 (Prior to Balloon Payment):The balance after 24 months can be calculated using the amortization formula:Remaining Balance at Month 24: $157,113.92Balloon Payment:The balloon payment will be 50% of the remaining balance at Month 24:Balloon Payment Due at Month 24: $78,556.96Re-Amortization of Remaining Balance (After Balloon Payment):The remaining balance after the balloon payment will be:This amount will be re-amortized over 5 years (60 months) at the same 6.5% interest rate.Monthly Payment for Final 60 Months: $1,541.18Summary of Key Terms:•Purchase Price: $215,000•Down Payment: $43,000•Loan Amount: $172,000•Interest Rate: 6.5% (fixed)Initial Terms (First 24 Months):•Monthly Payment: $1,573.39•Balloon Payment Due at Month 24: $78,556.96Re-Amortized Terms (Final 60 Months):•Remaining Balance: $78,556.96•Monthly Payment: $1,541.18Additional Conditions:1.Prepayment Penalty: None.
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27 January 2025 | 12 replies
I'm an investor and agent in VB happy to talk through your strategies sometime.
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24 January 2025 | 0 replies
Hi All,I'm reading through the latest version of the BP Residential Lease Form and it contains a clause that seems to say that a jury cannot hear a trial related to a dispute between landlord and tenant.