
30 May 2024 | 13 replies
Monthly maintenance can vary but I pay as little as $120 per month for a single pool to $350 for a pool + hot tub with twice weekly visits (mainly for the hot tub).

29 May 2024 | 22 replies
They also claim that their property management fee is 10%, which is true as long as the unit is occupied, but if you factor in the first month rent payment for placing a tenant and a 5% vacancy rate (about once every two years) then the property management fee is closer to 15%.

29 May 2024 | 20 replies
Pretty challenging to do, especially during Covid and times of tight labor markets.We focus on PPU (profit per unit) and are able to manage our properties more efficiently.

29 May 2024 | 21 replies
Approximately $25k per month, principal and interest.

29 May 2024 | 7 replies
Sometimes I do it for an assignment fee, sometimes I do it in exchange for a listing, but there is tons of development and construction going on throughout New Jersey that allows for a great wholesale opportunity.

29 May 2024 | 2 replies
Income is $600,000 per year and husband and wife both work full-time non real estate jobs.Is it true that the tax benefits are greater, or realized more quickly, on purchases like furniture or televisions to itemize a rental property, when they are made AFTER the date the property is put in service?

27 May 2024 | 17 replies
He is building for $131 per foot in a small town in Texas, but that seems to be a fair price.

30 May 2024 | 13 replies
Follow your process as if the tenant failed to pay rent (apply late fees, file a 3-day Pay or Quit, etc.).
29 May 2024 | 14 replies
I've been averaging 2 wholesales and a flip per month since.

29 May 2024 | 3 replies
The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.