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Results (10,000+)
Chris C. Anyone have experience with Elite Funding Group LLC
28 January 2025 | 17 replies
I have read in forums that upfront fees are generally big no-no's.
John Lasher How is the market where you are?
29 January 2025 | 12 replies
We had our first child so we have been on the sidelines for a hot minute.
Courtney Dettlinger Should I use home equity loan & how
22 January 2025 | 1 reply
This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.
Angelo Llamas Paying for the utilities
29 January 2025 | 4 replies
I believe it is completely reasonable to have a clause in your lease that places a cap on utilities with any overage (proven by a bill) being the responsibility of the resident.Our clause states that any electrical bill (we don't have gas, and water has never been a problem) that is over double the same month's bill from last year will have the overage assigned as a fee.It is important to keep your bookkeeping straight if you do assess a fee.
Devin James New Home Buyers are Strapped for Cash
24 January 2025 | 3 replies
And, it's amazing how many closing costs are junk fees that we as investors need to pushback on paying for ourselves and our clients.
Bob Asad Has Anyone Done Tax Deed Auctions in FL?
11 January 2025 | 6 replies
So are you spending $100s of dollars per property prior to the tax deed auction for title research? 
Sami Gren WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
Quote from @Sami Gren: I start by making the original tenant fill out a form requesting to add a new renter, and they pay me a $50 processing fee (I charge a $50 fee any time I make changes to an existing lease). 
Shawn Questa 'Hi, wait, are you a Wholesaler or a Cash Buyer?'
23 January 2025 | 7 replies
I feel like a Daisy-Chain would muck up my Timeline or even the whole Deal.As long as everything is in writing and I get my Fee, does it matter?
Geoffrey Paugam Local Agent in Charge
28 January 2025 | 4 replies
Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.
Preethi S. Difficult Property Management company
3 January 2025 | 8 replies
These are good attorneys, one of them even spent over 45 minutes on the phone talking to me about options, as well as a personal discussion about fishing, so he clearly wasn't trying to dismiss me.If you have a case, you can file a complaint with the state commission.