Connect with me by hovering your mouse over my face to the left and clicking "Connect."

If you are hosting an Open House for someone, invite a local lender to participate with you and that mat stoke the fire.

Even a dead mouse.

Yeah . . . just finished hosing down & painting a roach-&-mouse-poop encrusted (& that's putting it mildly) apartment.

How come your mortgage payment is so low on 1.25 M? At

Bernard,Wow... where do we start...Right off the bat, you need to figure out what the mortgage payment will be... so...280K (purchase) -12K (Taxes)-97K (first mortgage)-16K (Commercial mortgage) =155K (new mortgage)155K @4% for 30 years is $740/mo$740(new)+ $810 (first) + $110 (commercial) =  $1660/mo1% rule = 280,000 x .01 = $2800 so call it a wash at $2775 income (Pass)50% rule 2775*.50 = 1387.50 but your payments are $1660/mo (Fail)My further analysis indicates a loss of $150/mo using the following:10% Capex, 10% reserves, 10% management fee, $2200 insurance, $3000 taxes, and 0 in current expenses, all of which which is pretty generous. 

And was given a notice of code violation by a city inspector, due to a complained filed by my tenant.This is what I am being adviced to repair:1) Door not lacking completely.2) Leacking on second floor ceiling(is mot a roof issue, it is a 3 story property)3) A collapsing fence ( not really collapsing)4) Peeling throught the dueling (wall paper in one bedroom is separating) 5) A kitchen countertop needs to be tighten,( a corner needs to be re screwed) 6) Roaches and mouse infestation,This issues were not communicated  to me by tenant, except the one about the fence,  in April, a contractor was hired to repair it but tenant cancelled the  appointment the night before and  when I tried again, in June, she disagreed due to her recent baby's delivery. 

I had a mouse infestation in a kitchen once and they pee all over to mark their territory and to help them navigate because of poor eyesight.

They found a mouse nest and mice droppings in the basement the other month.

Soil Mechanics Lateral earth pressure Soil consolidation Effective and total stresses Bearing capacity Foundation settlement Slope stabilityStructural Mechanics Dead, live, wind, seismic, snow, rain, ice, impact loadsearth pressure and surcharge loadload combination and tributary areasBending, Shear , Axial Forcestorsion, buckling, fatigue, progressive collapse, thermal deformationCombined stresses Deflection Types of System: trusses, braces, and frames and its DOF (degrees of freedom)Types of Foundation: retaining walls, footings, slabs, mats, piers, piles, caissons, drilled shafts.. etc.