Kevin Vandenboss
Single Family and Small Multifamily Portfolio Valuation
27 February 2018 | 6 replies
Most of these properties are located in the same geographic area, within a couple miles of each other.
Edwin Nieves
Where do you look for house at
1 March 2018 | 1 reply
@Edwin Nieves I focus on a specific geographic area and get to know the brokers and owners that are working in that geography.
Brianne S.
Potential example of Surrender of lease by Operation of The Law?
2 March 2018 | 1 reply
On this bill they included with dates and descriptions as follows: January 1, 2018 : (15 days) Rent ChargeJanuary 1, 2018: (15 days) Rent PaymentJanuary 15, 2018: Security Deposit RefundJanuary 15, 2018: Rent for Remainder of Lease ChargeJanuary 15, 2018: Security Deposit Withheld for Rent chargesJanuary 15, 2018: Difference of Remainder of Rent ChargeSomething to note - If I knew I was going to be responsible for the apartment for the entire month (1. the told me when I gave notice, 2.
Alaska Wagoner
$55,000 in Orange County CA, - First Time Investor
29 May 2018 | 15 replies
I probably didn't expand my search enough geographically (limited myself to properties within a 30-minute commute of the Irvine Business Complex where I worked at the time), but I couldn't find anything that would meet the FHA self-sufficiency rule.Fast forward to 2015, and I eventually found a 4-unit to house hack using FHA, all the way up in Santa Clarita.
Ryan Saeger
Quick Question for Flippers
6 March 2018 | 4 replies
Also, if you are doing tear downs and or large additions n higher end markets, you can’t use the same template each time for everything, but you can for some items (paint colors for instance).It is efficient to have name, description, item numbers, etc on a spreadsheet of items you typically buy which makes ordering materials quick and easy.
Eric Tan
What will hold up the sale of a zoned SFH being used as a 3 unit?
6 March 2018 | 0 replies
(with 3 electric meters, 3 gas meters etc etc)Property is empty and is corporate owned per MLS description.
David Rubio
Referral fees from buyers/sellers in Florida
7 March 2018 | 10 replies
(This is common with listings that are not in your geographic area, outside your area of expertise (i.e. commercial), or whatever).If the seller is represented by a broker, and you refer a buyer to their agent/broker, you would normally ask for a referral fee from that broker (this is less common: because why wouldn't you just rep the buyer and take the full commission?).
Beth Teutschmann
Foreclosure and a Triplex - good deals or no? (with pictures)
7 March 2018 | 10 replies
Here's what I put in:Income (given in the property description): $1895Expenses:Taxes: $245Insurance: $55Lawn/Snow: $50Vacancy $100Repairs: $200CapEx: $100Mortgage: $750Total: $1500That gives a cash flow of $395/month or $4740 annually.Cash on Cash ROI:Down Payment: $4800 (given what I have now in the bank I could use to invest)Closing Costs: $3000 (just went with what BP had in the video)Rehab budget: $1000 (it looks like there's tenants already living in part of it it so I'm wondering how much could even be done right away, if much at all)Total: $8,800Divide it out and you get the ROI I stated above.
Anne Dahl
Help finding an accountant
12 March 2018 | 3 replies
Then contact us by clicking on our names and sending a private message.Next to the names, you will see geographical location.
Amanda B.
New here and first bout with awful tenants
13 March 2018 | 65 replies
I would get it rectified and then sell the property and move on.. landlording is not for everyone unless you have the mental and intestinal fortitude like @Thomas S. is talking about your next tenant could be 5 times worse especially given the description of the home and area.I would sell and move on..