Thomas O'Donnell
Soon to be New Landlord of a Duplex! Any tips?
13 September 2022 | 3 replies
Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them.
Mariah G.
First Time Under Contract - Estoppel Agreement
20 March 2023 | 1 reply
Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchange "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.
Ryan Alacon
What are So Cal investors up to?
29 November 2018 | 32 replies
Here is a sample: Average Cash Flow Per Door In Phoenix Metro Areahttps://www.biggerpockets.com/forums/600/topics/58...
Gary L.
How to do lease for tenants that may not move in at same time
3 September 2020 | 4 replies
Any recommended samples lease?
Ravi K.
Any professional inspector recommendation - Jacksonville, FL ??
10 November 2014 | 4 replies
Hello All,Looking for commercial inspector recommendations for multi-family property inspection...Appreciate any recommendations in Jacksonville, FL or near by area.Lender's team would inspect the property to generate their appraisal and environmental reports...Does it make sense to have my own inspector focus more on structural / engineering report and check few sample units (assuming inspecting every unit may not be possible on a 100unit building) for problem areas?
Mario T.
craigslist ad samples
29 November 2014 | 1 reply
I've been posting on craigslist for about a month for wholesale and seller financing opportunities but haven't gotten any response. Can someone give me examples they've used successfully for each of these opportuniti...
Gary McKissick
Using Family Members for loans
13 July 2014 | 16 replies
Thanks for the response @Dion Depaoli.As far as pieces or how I would structure it I'm looking to get a 2-4 unit property with tenants in place already from costing 75-100k (DFW area).Parents would put down down payment (20%)Mortgage Broker I am in talks with would lend the other 80% over 30 years at 3.75-4.5%I would attempt to finance closing costs over the term of the loan pending property appraises out.About me:make 50-60k a year at my day jobDebt to income ratio is very low (car payment for 250 a month and I rent for 925 a month and that's it as far as debts) Credit Rating is in the mid 700sQuick Sample Deal I've found:Two Duplexes next to each other: Asking 55k each highest I would offer is 85% of that or a nice round number is 100k with closing costs, fees, etcGross Monthly Rent= 1775Loan from parents for 20k @ 7.5% over 10 years= 238 monthlyLoan from lender for 80k @ 4.5% over 30 years= 406 monthlyTaxes and insurance = roughly 350 monthlyProperty Mgmt = 175Tenant pays all utilitiesComes out to +606 without taking into consideration misc repairs, expenses.
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Investing in Single Family home rentals...
14 July 2007 | 6 replies
Is there some place I can get sample offers or templates or something that can be modified slightly depending on the conditions I want to set for this particular property?
Michael Madill
FL Statute 501.1377?
15 September 2008 | 5 replies
Our REIA put on a seminar a while back, and did indeed sell sample forms.
Jonathan C.
House I rehabbed under contract but buyer wants waterproofing guarantee
16 June 2011 | 7 replies
Unless it was through an air-quality sample (which it doesn't sound like it was since you know exactly where the mold is), if the inspector caught it, you should have as well.