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16 December 2024 | 19 replies
Example:I need to conduct a warranty inspection on the home this month.
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8 January 2025 | 10 replies
My last visit was in 2021 and owners were limited to one guest per month.
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16 January 2025 | 10 replies
This will vary based on region but in general 2 – 5 points, 9% - 16% APR (meaning this is the annual rate so divide it by 12 to get the monthly interest amount), and documents fees can be from $600 – $1,900.
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12 January 2025 | 20 replies
They usually have a step down on that penalty like 3% year one, 2% year two, 1% year three and so on and so forth.So if you are buying a deal with the intention of rapidly increasing it's value in less than 24 months in order to refinance it and pull your cash out, you might want to go with a credit union for the acquisition financing because FCUs are barred from charging pre payment penalties.I could talk about this for hours about all the nuances but my fingers don't type that fast lol
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12 January 2025 | 8 replies
I can save $9,000 a month and I am thinking of scaling but I am unsure how. or even to what. mobile home parks?
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10 January 2025 | 12 replies
PMs are busy - if you email a PM and say "Hey PM, I'm looking at 123 Main St. and I think it will rent for $1500 a month, does that sounds right?"
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5 January 2025 | 24 replies
One of them being you can't charge more than one month security deposit.
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13 January 2025 | 11 replies
The rehab will be completed this month.
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2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
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8 January 2025 | 4 replies
Long and short, when I now look at my "return on Equity" numbers as opposed to my casual on cash return numbers it makes all the sense in the world for me to sell.Wholesalers contact me at least once a month the past 10 years and are always asking if I want to sell one of my properties, but I'll be hard-pressed to ever find a wholesaler that wants to pay me for what these properties are worth and is also willing to buy all the properties in one transaction which is how I'm looking to sell.Given how good our return numbers are here in northeastern Ohio compared to the parts of the country I know that out of state investors would definitely be very interested in in this portfolio.