William Godbe
Turnkey properties that meet the 1% rule?
14 March 2018 | 7 replies
In other words, it is easier to find a 1% property in a war zone than it is in a stable working-class neighborhood.I would also say it is not uncommon for turn-key rentals to start out returning $200 or so cash flow.
Ben Visser
Ogden, Utah Non-conforming 4-plex purchase 4 bed 4 bath
31 March 2018 | 20 replies
If you're not familiar with the Ogden landscape--particularly if you're owner-occupant--spend a bunch of time in the neighborhood as part of your due diligence.Also, it's not uncommon to have a rough stabilization period.
Natalia Keenan
Acquiring property in LA area
16 March 2018 | 13 replies
Not uncommon with major metro areas like San Fran, DC, Boston, etc., but worth knowing what you're getting into.
Gorden Lopes
Question about backing out during inspection contingency
28 March 2018 | 14 replies
Its not at all uncommon, especially when using forms that have been standardized by a state Association of Realtors, for the inspection contingency to require Buyer to at least give the Seller the option of fixing issues that are uncovered (as opposed to a Unilateral Right to Terminate, which can also be written into a contract).
Chaim Zigelman
Repairs/Maintenance
26 September 2015 | 3 replies
Duplexes and Triplexes are managed much more like single families than multi family / commercial properties so it is not uncommon for an owner to not keep his own records.
Valerie Hiscoe
What subjects for sight-unseen offer on vacation type property
19 September 2016 | 3 replies
Comps are uncommon.
Anthony Perez
Assignment Contract I just closed.
3 September 2016 | 23 replies
Its not uncommon for people to ask for high numbers so I mentioned my comps which showed LLC's purchasing the exact same lots for 75k-150k so i countered with 75k.
Jason Hodges
I need help in responding to a bank!
24 November 2017 | 9 replies
Having multiple members in an LLC is not uncommon.
Sam A.
Sell for loss or move in and wait?
9 April 2011 | 15 replies
Its not uncommon for banks to require 2 years of rental history especially for first time landlords.Sounds like you would be better off to sell this place unless it makes sense to live in the home.
Dillon Harris
Help with FHA loan in my area
27 July 2018 | 8 replies
For tough ones (which this might be), it's not uncommon for the first 5 appraisers to decline the order, and the 6th to respond with "pfft sure but I wont do it for less than $750."