How long have you been specializing as an Investor Agent, and do you find yourself underwriting deals for your clients? 

They will do all of the legwork for you.

Although, we have a similar structure for our PMA’s, we do not treat security deposit as income but more as reimbursement for damages.

Hi Arash, How are you doing? 

The few that do pop up are often overpriced or converted from single-family homes over a century ago.

If you hear from him again or an attorney, be sure to respond immediately by your own attorney if necessary.Not sure what the laws are in your state, but you want to do whatever you need to to confirm the tenancy has ended (whether that is by abandonment on his part or with proper notification to end a month to month)

@Dexter Florendo Kalai Aspacio I would only do it if you didn’t bastardize the rest of the space.  

I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

Hi William, the same way most wholesalers skip trace owners data, you can do the same for cash buyers.

Here are a few things I'm curious about:How do foreclosure auctions work in NYC?