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19 December 2024 | 2 replies
For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.
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18 December 2024 | 2 replies
Duplex appraised 380 (super ****ing low ball) brings in an estimated 3,900 a month in rents. buyer agreed and SIGNED addendum to purchase at 397,500. day of closing they dont show, tell us they didnt know what they agreed to pay over appraised value and are trying to get us to accept 386k. my agent had me lock in our month to month long term tenant to a year lease for THEIR lender and now they pull this.. they have only 5k in escrow account.. my agent wont reduce his commission from 3%-2% to help bridge the gap. suggestions??
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24 December 2024 | 5 replies
Myself I think if one wants to get into real estate in CA you get into the bizz you get licensed so you can legally collect fee's you put in the hard work like most wholesalers have to now..
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19 December 2024 | 4 replies
If I threw the money into SPY, it would be a 104% gain compared to walking away with an 80% gain after fees/commissions.
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31 December 2024 | 97 replies
Any help would be appreciated before I pay attorney fees on this one.
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19 December 2024 | 14 replies
Bank of America does this - not sure about the minimums, but if you have a good relationship with your local branch, they can waive the monthly fees until your balance grows from rental income.
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20 December 2024 | 3 replies
The only good use I can see of the fees are based on rent charged would be for a tenant to purchase it and charge themselves $0 or near $0 rent to avoid the rent based charges.
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18 December 2024 | 9 replies
It is a lot easier IMO this way than chasing people for your fee.
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17 December 2024 | 1 reply
The goal is to determine whether the government accurately adjusts DoD Basic Allowance for Housing (BAH) rates and to develop a predictive model to calculate possible future BAH rates for specific locations.We have pulled rental data from Zillow and historical BAH rates from the DoD.
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19 December 2024 | 5 replies
SECTION 8 ANALYSISSection 8 Rent permitted $1785.30Subtract Utility Allowance - 468.00 Actual Rent Charged $1317.30Subtract Mortgage - 500.00Subtract Prop Mgmt Fee - 131.73Subtract Taxes (20%) - 263.46Subtract 10% Vacancy - 131.73Subtract 10% Cap Ex - 131.73 CASHFLOW TO US $ 158.65STANDARD LEASE ANALYSISMonthly rent (asking amt