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17 November 2020 | 92 replies
Not for our personal truisms.Mr Erlanger please summarize to Mr Lightbourn at his stage of the game how to use Cap rate, from your perspective.
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1 February 2019 | 15 replies
We did not include the value we thought our property should have, just good comps and some explanatory data summarized in Excel (monthly rent, sq.ft., unit mix, price per unit, condition, capex upgrades, etc.)2. 4-5 comps for each of the properties in the 3 neighborhoods that he selected his comps.
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7 January 2023 | 8 replies
I would save all copies of your receipts in an online data storage such as google drive or dropbox>You can use an accounting software or excel to summarize your income and expenses.
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25 July 2019 | 2 replies
I generally don't explain my offer price, yet it does increase compliance if you do give a reason -- any reason -- for the other party to comply.And when you send the offer, summarize it in the email.
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9 March 2022 | 6 replies
To summarize: Focus inward on your strategy, define your acquisition goals, become a great partner to your investor friendly agent, and you will do great things!
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30 January 2023 | 17 replies
To summarize, I wanted to break this email down into two "parts”:What your maximum pre-approval is (which is most accurately a maximum payment, not price... you can learn more about that here.).What I'd recommend, based on what we'd talked about!
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5 January 2013 | 52 replies
In Texas we are a bit slower and simple folk and we summarize it as get er' done!
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4 August 2021 | 13 replies
I would like to think we are awesome wholesalers, and this is how we do it:Buyer's side:Submit a comprehensive list of interior pictures, exterior picturesSubmit pictures of all the things wrong, that needs fixing, or updating, with a description of what is wrongSubmit 2 to 3 properties you have comped to arrive at the numbers, and then make sure they know it is their responsibility to verifyCreate a clear, easy to absorb standardized cheat sheet that summarizes all the numbers, including cost of repairs, ARV, estimated profits condition of the houseCreate a list where you describe the age and condition of the furnace, boiler, water heater, oil tank and all other mechanicals.Describe heating source, gas, oil electrical.Make sure they know your rules, deposit, protocol for visiting the house etc.Let the seller know you are going to put a lockbox on the house and have this written and stipulated in the contract, to make it easier for buyers to visit (in case the house is vacant).Be careful not to do the unnecessary, like figuring out if there is a buried oil tank.
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23 February 2023 | 0 replies
Employment increased in 346 of the 355 largest US counties from September 2021 to September 2022.National employment increased by 4.3% over the year.Average weekly wages for the nation increased by 6.7% over the year....
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3 January 2020 | 2 replies
Insurance Payment: Credit Escrow/Debit Insurance expenseAt the end of the year, the bank sends you the 1099 summarizing the Principal paydown, interest expense and your escrow balance, which should match the escrow balance on your books.