Ugo O.
Calculating ARV and the 70% rule
12 December 2024 | 7 replies
Hi Adam, we do everything in-house from the permitting & architectural to the construction itself, so that removes a few variables.
Jessica Lundin
Renovated our first home and did surprisingly well
7 December 2024 | 0 replies
We painted the inside, opened the kitchen/dining room, replaced windows, removed a nasty fabric lined black tub from the basement, replaced the siding and redid the bathroom.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
such as by including affirmative coverage for forced removal in the loan policy.
Jared Jennings
1) Wy fourplex
5 December 2024 | 0 replies
It’s given me the opportunity to save and prepare for my next upcoming purchase.I’ve gotten the units from $750x2 and $800x2 to a consistent $900. current mortgage is $2500 monthly, refinancing to a conventional and removing mortgage insurance should bring me to $2100.
Lauren Cutchen
Tenant keyed Stainless Steel Stove
6 December 2024 | 5 replies
You can buff out scratches with a baking soda paste, a stainless steel scratch remover like Bar Keeper's Friend, or a small amount of toothpaste.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
Snow removal and fire prep add to the cost.
Richard Eilenberger
Sheriffs Auction Cuyahoga County Ohio
7 December 2024 | 6 replies
All liens are removed from the property as the result of sale at auction.We won the bid, wrote the check to the sheriff within 30 days, and today the deed was recorded, we are the owners!
Rita Medeiros
Section 8 & mice what are the expectations. Give me your opinion
12 December 2024 | 20 replies
@Patti Robertson I was more thinking if the tenant isn’t removing the trash in a timely manner or has trash on the exterior.
Andrea Ward
Tax foreclosure on vacant land- liability
4 December 2024 | 2 replies
Ask for them to remove the tree.Fifth, see if you can apply to get a protective order from a court to maintain the property.
Adam Taylor
Minimum Cap Rate?
4 December 2024 | 1 reply
An example of this is I had one trash company that collected the same three containers for $90 less than the in place trash removal company. $90/month X 12 = $1080 increase in NOI, at a 10% cap rate that small change increases the value of that property by a whopping (1080/10%=$10,800)!