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31 July 2024 | 3 replies
.- when a lender is calculating the rental income to use for qualifying income - depriciation is normally a line item that can be added back
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31 July 2024 | 13 replies
The leasing fee depends on the agent but normally its around 70% of the 1st month rent.
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1 August 2024 | 12 replies
This is just the normal operating costs, never mind the big things that come up occasionally with capex like when you have to replace a major component (furnace, water heater, sewer line, driveway, steps, deck, windows, roof, doors, siding, landscaping, etc,) and it costs $10-20k.
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30 July 2024 | 5 replies
Check the property, nothing seemed stolen or damaged but she made a run for it in her car.
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31 July 2024 | 16 replies
Additional forms of ID, etc.In my experience, going after lost rent and repair expenses is normally a waste of time.
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31 July 2024 | 7 replies
Hard money normally can close more quickly than "regular" lenders.
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30 July 2024 | 5 replies
But in the neighborhoods where I invest and have lived, you can still buy a 3/2 with a two-car garage on a 1/4 lot for less than 80K.
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1 August 2024 | 33 replies
I always keep in mind a phrase I was taught "normal sells" Got it thanks!
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31 July 2024 | 53 replies
Some attorneys this question was very normal, had a system and prepared, others weren't and said "I need to ask the attorney"I am simply asking; "I am inquiring about property XX if it is still active in foreclosure"Is this safe to ask?