
17 December 2015 | 30 replies
If you take 'adverse action' (decline them or request a higher security deposit) on an applicant, you should provide an Adverse Action Letter to the applicant (many templates/guidance online etc).If you don't have acceptance criteria and appear wishy washy, it may appear (at times) as discrimination -- even if you're trying to be nice...

31 December 2015 | 8 replies
If I cant find a buyer in the first week or two, then its probably not a deal, and I will be forced to lose my deposit.

15 December 2015 | 7 replies
In Texas calling the money a deposit vs earnest money carries a significant difference.

15 December 2015 | 12 replies
If you are worried about your end buyer backing out you need to make sure you collect a decent earnest money deposit.

16 December 2015 | 7 replies
362 Apartment complexafter repairs and new management, I think we can increase profitability 25%there are total of 6 apt complexes around, average rent for they other approx. 650.00, this complex average 555.00 month, If repairs, cosmetics are done rent can be raise to match area around to 600-650, witch will give a increase of 45- 90 dollars a unit. and 56 units that need repairs will increase there also. i figure a 2 year plan until profitability.

23 June 2016 | 7 replies
362 Apartment ComplexAfter repairs and new management, I think we can increase profitability 25%there are total of 6 apt complexes around, average rent for they other approx. 650.00, this complex average 555.00 month, If repairs, cosmetics are done rent can be raise to match area around to 600-650, witch will give a increase of 45- 90 dollars a unit. and 56 units that need repairs will increase there also. i figure a 2 year plan until profitability.Net Operating Income from Mar 2014 thru April 2015 is 1,078,360.50
2 April 2017 | 12 replies
I’m able to get projects done fast because most of the time I’m fronting my own cash at the front end to get permits, surveying ,design approval and sometimes even foundation completed along with several other deposits on windows, doors and cabinets.

18 December 2015 | 10 replies
there are so many 2 family homes with all kinds of configurations there. the best you will be able to do is try and match the rest of the house, square foot, number of baths etc. you may be able to get away with a 6 bedroom house as a comp, 3 and 3. i know i am having the same trouble with a house i own in PA, its under contract but when they came back there was no exact comps to mine, we are in the process of fighting what the appraiser came up with right now, they came up with $38,000 under my list, but i know i priced it right based on price per square foot and whats in it, 2 family with 3 and and 1 bath each. try averaging what a 2 family sells for per square foot, that should give you an idea. then sell it to me for 100,000 less - just kidding, but you can let me know if you do decide to sell, I'm in the town next door.

18 December 2015 | 15 replies
If you end up with a broken shade, you might be able to find a match there, or just buy a whole used set for cheap.

22 December 2015 | 6 replies
Kansas City Management Inc does extensive background checks, we get deposits that are the same amount as rent, and most of the rents in those areas run anywhere from $650 to $850.