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Results (1,782)
L. L. Cleveland Ohio, Point of Sale requirements & wholesaling
16 February 2021 | 10 replies
But if a house is purchased directly from a seller and the city is notified once the property is already procured, how can a city still demand escrow pos money?
Sean Wilson My experience with Vacasa - Buyout scenario
28 February 2023 | 16 replies
The bedding and towel inventory at transition wasn’t what I had procured for the properties, even the new one that had only been online for 6 months.
Roxanne Contreras Property Management Fees
1 September 2022 | 7 replies
>Tenant Procurement/Placement – could be percent of monthly rent or a flat feePictures, 3D Tours, etcAdvertising prep and determining market rentProperty advertisingAnswering inquiries (phone/text/emails/etc)Scheduling showingsShowingsApplication processingLease signings and MoveInsFollowing up on all of the above, hopefully consistently updating owners>Maintenance ChargesCommon: owner agrees in contract that PMC can perform work without owner approval up to a certain threshold (Example $500) or in an emergency.Questionable: owner doesn’t find out about charges below threshold until they get their monthly statement.Hourly – PMC bills at hourly rate depending on type of ServiceTech sentEXAMPLE: Owner billed at $65/hour for handyman workMarkup is hidden in that rate as highly unlikely PMC is paying their handyman the whole $65/hour.PMC or a subsidiary billing – PMC submits bill from their companyEXAMPLE: Owner receives a bill for licensed HVAC work on PMC form.Owner does not get the licensed mechanical contractor bill, so has no idea of PMC hidden markupTransparent – original bills from all contractors sent to owner, PMC charges a pre-approved markup for their time to handle.EXAMPLE: Owner receives a bill for licensed HVAC work on contractor’s form.Only challenge is some PMC’s get illegal kickbacks from contractors owners don’t seeThere are then many different IF -> THEN fees to cover evictions, emergencies, filing insurance claims, etc.WARNING: never assume you won’t be charged for something unless it states so in the management contract!
Kevin Polite Title Issue selling even with Title Insurance
1 October 2012 | 12 replies
If they don't close on the scheduled date because they can't procure title insurance that means title insurance wasn't available.
Ashlee Andrews Working with Realtors
28 September 2022 | 16 replies
This doesn’t mean I cant be fired, but if you end up buying a home an agent showed you, through another agent, the first agent could come asking for commissions for procuring that sale.
J Campbell (NOOB) how do YOU calculate a properties vaule?
15 March 2015 | 5 replies
Easily procured with the assistance of a realtor, and readily available online with a bit of searching (use multiple sources / sites to get realistic data).
Darren R. Seller adjustments to do cashback or no money down deals
23 December 2011 | 12 replies
If you can raise the equity, know what you are doing, and can procure debt capital you are ready for the size of deals you seek.
Kim Rock High DTI - creative ideas?
9 June 2019 | 45 replies
It will likely be more expensive than FNMA-type financing, but it will also give your husband an incentive to clean his credit up quickly so that you can procure longer-term financing soon.
Maurice Cox Tricky Mortgage Question
4 January 2013 | 13 replies
Any seller seconds are "de facto equity" for the investor/principal because in theory it would satisfy the debt holder's requirements to procure additional debt.
Melissa Fields Newbie from Oklahoma City, Ok
28 April 2014 | 10 replies
I hope to procure some deals for some investors and other real estate professionals.