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4 August 2019 | 19 replies
I don't worry about theoretical exercises.Originally posted by @E Brady:@Ken Latchers regardless of your predictions on online services taking over different industries, you're going to be less efficient and successful in this business by having that attitude.
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2 August 2019 | 2 replies
Robert E Black or John Pluethner are both quite capable.Before you do this, I’d check a lender’s title policy your contractor has for his Note and DT to make sure he is, indeed, in the 2nd position, not further down in priority.
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3 August 2019 | 11 replies
You can also ask for schedule E for the past 3 years.
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13 August 2019 | 13 replies
Later, we agreed that we preferred places in the warmth, as we didn’t want pipes bursting, so we stayed in AZ, TX and FL (places where we were stationed).We asked the Housing Office for areas that were in demand by the current incoming families, took at aim for E-5/E-6 rank and above based upon the BAS housing allowance chart that is published online.
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4 August 2019 | 15 replies
Some (not MA) allow e-signatures.
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9 August 2019 | 4 replies
@Jorge Garcia Different skiptrace sites usually have possible related people on there as well as possible e-mails, business names, etc.
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27 August 2019 | 7 replies
@E BradyThat's great to know it's normal to feel this way.
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13 August 2019 | 5 replies
@Jonathon Weber@E Brady Are there any tax-related benefits of LLC?
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4 August 2019 | 5 replies
@David Nacco - first make sure to account for the following expenses in your calculations:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance (0.3-0.45%) b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances e) Make ready10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...