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14 October 2018 | 5 replies
I've seen Lubbock pop up a bit in the forums and I know we could get some traction going.Fairly new to posting, so if this is the wrong area, my sincerest apologies.
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18 September 2018 | 18 replies
Maintenance depends on age of the facility (as with pretty much everything in RE).There is a bit of competition in the mini storage segment but smaller mom and pops can be found for reasonable CAP rates if you are self managing.
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19 September 2018 | 2 replies
$20,000 in 2 months is possible, but, I would allow for delays or problems that always pop up.
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17 September 2018 | 8 replies
I have no clue where that idea popped into the CPAs head.
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20 September 2018 | 11 replies
We had some unexpected issues pop up during the rehab that cost us money.
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18 September 2018 | 4 replies
If they are mom and pop type tenants, you can usually collect gross rent in an amount a little bit above market rent so that you can pay the taxes and insurance yourself but you are compensated through their gross rent.
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22 October 2018 | 14 replies
Bathrooms and kitchens are the biggest visuals...new vanity is only a few hundred bucks and will make it pop...shower curtain and rod on high end and it looks so much bettter.
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25 September 2018 | 8 replies
Strategy is to approach «mom & pop» sellers of multifamily, distressed properties with some sort of a problem, 10-25 % seller financing, rest bank loan, reposition the property after problem solved,refinance well, manage well and repeat process.
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23 September 2018 | 11 replies
But the contract itself has a stricter timeline.I'm not entirely sure what you are getting at.You say "Right, but if there is 17 day inspection period and Sellers/Agent provides TDS on day 17" ... all this does is give buyer additional time to cancel since buyer has a certain period of time from receipt of TDS to cancel.If your goal is to give seller additional time to cancel then giving them the TDS on day 17 will accomplish your goal.The inspection timer starts upon sellers acceptance of purchase contract.Also, I'd have to go back and read the contract, but I think if anything 'material' pops up whether from inspection, TDS or otherwise buyer gets additional time to either cancel or seller to fix.
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2 October 2018 | 94 replies
Our agent popped open his laptop right there in the driveway to write our offer up, which we docusigned right then and there on our cell phones, still in the driveway of the subject property.