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1 October 2016 | 11 replies
I've noticed that for the most part higher price = better quality like anything We were also looking at a Condo that is significantly less and decent condition (don't really want HOA Fees but the rent could cover payment and HOA) @ 70K, but we could only rent out a 1 Bed/Bath.
30 September 2016 | 5 replies
I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as part of the $455 fee)- Separate unit on the property:- 3 offices rent for $400 each / month (currently rented)- 1 apt bedroom for $800 / month (currently rented)- A storgage shed that gets $1400 a yearTotal Annual Income = $122,400Total Annual Expenses = $92,701They are asking $1.2M for this property, and I am new to this type of investment.
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1 October 2016 | 10 replies
I am contemplating starting to look for such records in my area...but i dont want to do a lot of manual work myself - so im hoping to find a list broker source of these, or else find someone willing to do the research for a birddog fee when i close on a property.
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4 October 2016 | 8 replies
The form was that we agreed to pay a $325 service fee to our agent.
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30 September 2016 | 1 reply
Now that we have done some deals, I am not only getting charged 1 point + 12 % interest over a 3-4 month period.When I refinance - my commercial lender charges 1% on the loan along with around $600 in appraisal and doc fees.These bank fees + hard money add up and might be worth shopping.Are these pretty good rates from the lender and bank or can I do better?
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2 October 2016 | 9 replies
If you can only afford condo pricing, then jensen beach is still an underpriced gem for seasonal rental. just watch the HOA fees.
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30 September 2016 | 15 replies
Based on what you said there is no money in this property whatsoever.You take 105 and add in arrears, legal fees, and all other kind of stuff a lender tacks on and then add on repairs the property needs there is no money.Might could do a short sale on it.
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10 October 2016 | 13 replies
Hubzu imposes a penalty of a flat fee of $300 and $100 per day for any day over 35.
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1 October 2016 | 6 replies
Here is what it says:"Upon any failure of Resident to occupy the Premises for the full term of a fixed term tenancy, for any reason other than as provided in ORS 90.453(2), 90.472 or 90.475, Owner/Agent may charge Resident either:---A)all of the following: i) all rent, unpaid fees and other non-rent charges accrued prior to the date that Owner/Agent knew or reasonably should have known of the abandonment or relinquishment of the Premises; ii) all damages relating to the condition of the Premises; iii) an early termination fee in an amount not to exceed one and one-half month's stated rent and which is due on the earlier of the date Resident gives notice to vacate or the date the Premises is vacated; iv) interest on the above amounts at the statutory rate from the date each was due, and v) all other amounts due at the times specified in this Rental Agreement; or prospective buyers or B) all actual damages resulting from the early termination, including but not limited to: i) repayment of concessions; all rent through the earlier date the Premises is re-rented and the lease termination date; ii) advertising and administrative costs to re-rent the Premises; iii) concessions given to re-rent the Premises; iv) the difference in rent if a lower rental rate is received from a replacement resident during the remaining term of the original Rental Agreement; v) damages related to the condition of the Premises, and iv) interest on all amounts at the statutory rate.
3 October 2016 | 2 replies
I have a lot I was told about after speaking to a man 72 yrs old about bicycles for 40 minutes at the end i said I could present him with a 10,000 cash finders fee for bringing me someone ready to sell.