Cali Skier
Renter signed holding deposit that has a forefeit clause where we keep the money.
28 July 2024 | 5 replies
After that, they have to pay rent, utilities, and other costs even if they aren't going to occupy for another month.
Julie Muse
Devon Drive Quick Flip: Profitable Deal in Albany with Kim Morris!
29 July 2024 | 0 replies
Utilizing Kim's local market expertise, we quickly assessed the property's potential.
Julie Muse
Pine Cone Way: Transformative Flip in Mountain Ranch with Seth Choate!
29 July 2024 | 0 replies
Utilizing Seth's local market expertise, we quickly assessed the property's potential.
Bryan Galaz
How can I use the equity in my primary residence to get started?
30 July 2024 | 19 replies
The key here is to have a plan to pay that loan back.I did this by utilizing the typical BRRRR method on homes in Detroit.
Tyler Roberts
Refinance, sell, stay the course?
29 July 2024 | 3 replies
Property 1: 4/3 LTRCurrent Value: $475kPurchase Price: $363kDown payment: $40k (30 year conventional)Interest Rate: 2.75%Remaining Balance: $294kMortgage payment: $2369AVG revenue: $2775Property 2: Duplex - 3/2 House Airbnb & Detached studio apt 12mo leaseCurrent Value: hopefully within $575k-$600kPurchase Price: $591k (appraised at $599k)Down payment: $30k (30 year FHA)Interest Rate: 6.125%Remaining Balance: $552kMortgage payment: $5041 (including $362 PIM)AVG monthly utilities: $385 (full year avg)AVG monthly revenue: $5261 (full year avg airbnb + $1650/month from apt)
Belinda Stoner
Deposit back to tenant who’s leaving early?
28 July 2024 | 6 replies
Add charges for rent for the remaining months, estimated utilities, estimated cleaning and repairs and cost to re-rent (in our case: cost to PM is 1/2 a month's rent).
Dennis Meyer
What Heloc strategy is best?
29 July 2024 | 5 replies
I might look into financing options for the property and utilize the HELOC for the down payment.
Tiffany Sorocco
Land in Julian Ca
28 July 2024 | 1 reply
This would have to be an off grid property as there are no utilities in this area.
Nick L.
My failure at the Milwaukee County Sheriff's Sale
31 July 2024 | 27 replies
On Friday afternoon and over the weekend I did all my due diligence (visible condition, title letter, city violations, outstanding utilities) and everything is pretty clean.
Mikey C.
Buying a house at a foreclosure auction
28 July 2024 | 17 replies
Also is there a way to find out when the house last had utilities on?