Jeff S.
Section 8 charge what they will pay?
28 May 2014 | 48 replies
Besides, it is not uncommon for the tenant portion to change over time.
Mike Palmer
Are broken fridge water lever and carpet stretching normal wear and tear?
26 May 2015 | 10 replies
With a tenant in a unit for 3 years, I think you have done well if these are the only repairs that you have to do.Regarding the element in the oven, when they burn out, it is not uncommon for there to be spot that either melted completely through or most of the way through.
Aaron Trudgett
Fist time investor using hard money?
25 May 2015 | 9 replies
@Aaron Trudgett 20% in cash plus reserves... is generally what is happening so if the project is 100k to buy and 50k to rehab 150k total you would need 30k and some may want you to pay the points up front.. so it could be another 3 to 5k and closing costs as well.so in this scenario 40k should do it plus another 10 to 20k liquid for reserves.And really if you do not have this amount of cash you should not be trying to buy and rehab houses.. you would be just another under capitalized investor who risks getting into a project cant finish and ends up losing all their cash.. seen it happen many times.bring in a cash partner and share the wealth but make sure you have the wherewithal to go thorugh the whole transaction.. and remember its not uncommon to get into a rehab and the cost go up by 10k or more.. what happens then... this is why you need plenty of dough to play in this game.
Michael Lauther
How to deal with wholesalers
27 November 2011 | 44 replies
I understand what this guy is trying to do.....it is not uncommon for newbie wholesalers to get into real estate and start trying to shop other peoples deals even if they don't have permission.
Bienes Raices
When to start using a CPA?
13 January 2012 | 35 replies
In my network of CPA's it's not uncommon and my network is of smaller CPA firm partners in the southeast.
Michael G.
Multiple Investors (take 2)?
29 February 2012 | 21 replies
Three people creating a company with an equal 1/3 interest each is not uncommon.
Account Closed
CA Foreclosure/Estate Title Issue
9 July 2014 | 21 replies
Lending to people not on title isn't that uncommon apparently.
Bryant Hull
Curious, how are you handling "Service Pets"?
9 March 2015 | 21 replies
Thank you, lawyers, for screwing up things so bad that common sense is now uncommon!
Brian Reynolds
Tenant was evacuated for 3 days, how to handle?
5 August 2016 | 19 replies
It is not uncommon to have a fire they thought was out flare back up, what if it happends again and next time it's 30 days not 3 ?
KC Zhang
Invest in small multi unit in Chicago south suburb
13 August 2016 | 8 replies
In some of these south suburbs such as Harvey, Dolton, Park Forest, etc it is not uncommon to see effective tax rates of 4-6%, sometimes even higher.