Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (452)
Lokesh W. Lease Option: Any Limit for money applied towards Mortgage/ Down Payment???
9 June 2020 | 28 replies
Irrespective of what the seller says about his bottom line of 205K, I want to get out and make an offer that makes sense to me.
Ndy Onyido Add Value, and Money Will Follow
23 December 2014 | 0 replies
He opines that in so doing, you create a win-win situation which has a multiplier effect on your real estate. i believe that this is a universal principle that will work anywhere irrespective of the type of business involved.Please read the full article below:https://www.linkedin.com/pulse/add-value-money-fol...Merry Christmas!
Jas Singh Help! My tenant was arrested
26 January 2021 | 11 replies
That's irrespective of your involvement and/or reporting.You can request info from the law enforcement agency that executed the warrant to find out what the charges were and decide if you want him there at all.
Jake Blumstein Property Repairs for Non-Paying Tenants
24 January 2021 | 6 replies
We still have a duty to behave as professionals irrespective of whether our tenants comply or not - fulfilling our obligations should not be contingent upon another party fulfilling theirs.You don't want to give a bad-tenant the excuse to say they have withheld rent because repairs and maintenance haven't been kept up, nor do you want to get into a dispute as to who breached their obligation first.That being said whilst I wouldn't go over and above the basics with a non-performing tenant.
Daniel Fridrij Purchasing a House in Ohio
6 February 2021 | 6 replies
Irrespective, I'm sure your agent wrote the right contingencies into the offer contract...my standard are always:Finance (if you are using a bank loan)...if using cash, I would include a option to close with a bank loan as long as you close within contract termsInitial walk-thru of all units within 36-hours of acceptance- this will save you the inspection if there are major issuesCopies of all leases and rent rolls, expense reports, receipts and list of improvements (for tenant occupied properties) within 36-hours (you may need to sign a non-disclosure)Attorney approval- buys you 7-days to exit if your lawyer disapproves of the saleInspection- pretty standard- you will want to consider property, structural, WDI, sewer line, radon, and mold...all at an added cost- think of it as a cost benefit spendEstopple...well ,it depends. we usually do one before closing, but it's not required...I would make this standard on a larger MF property, though.1040 Schedule E- again, you will likely need a non-disclosure...Those are your basic exit clauses and you can embed some others to cover your ***, but most will be removed by a savvy listing agent.Due diligence is the hustle...you need to verify condition and documentation, and get your final numbers run...make sure the deal meets your needs.
Jeffrey R. White Cash Flow - Purchase Price or Purchase Price Minus Down Payment
18 February 2021 | 2 replies
$100,000 property - Put $20,000 down and finance $80,000This scenario would calculate cash flow on $100,000 irrespective of any money put down.Rent $1200 MonthExpenses - $980/ Month (P & I, Taxes, Variable Expenses of Cap Ex, Vacancy, Maintenance, and Management Fees)$135 Cash Flow5.4% CoC ROII hope this is clear.Sincerely, Jeff
David Habibian Exclusive Retention Agreements w/ Commercial Financing?
15 April 2021 | 2 replies
Net-net: I would owe them an origination fee of 1% irrespective of which lender I use.
Stephen Resch Syndication Exit Strategy -- "Sell" Asset to Yourself>
23 April 2021 | 23 replies
For such things, I don’t even bother to clarify, irrespective of how good the deal looks on paper.There were suggestions that I should read books to understand the syndication business.
Hector Hernandez Tenants insisting on rent discount due to repairs
25 April 2021 | 23 replies
I mentioned this fact to them, that I had been basically subsidizing their utilities while away, and again they insisted that it didn't matter and that wasn't a factor since it's what we'd agreed to in the lease- irrespective of whether anyone was occupying the unit.
Logan Pou Who Pays The Utility ?
30 April 2021 | 2 replies
Irrespective of local nuances, your goal as an owner (aside from providing safe, clean and appropriately priced housing), is to pass costs to tenants...so you are correct....your tenants should be paying ALL of the utilities....even if it comes as a charge outside of rent.