
14 March 2015 | 0 replies
I am interested in engaging a virtual assistant to help create and email me monthly and annual financial reports on my properties, which currently consist of three SFR's and one parking lot (leased out NNN).I would like someone who is already knowledgeable in how to set up and create real estate investment financial reports, including key metrics that also reflect the applicable mortgage.

15 March 2015 | 6 replies
@John ThedfordI realize you are an agent, the effective way protect yourself is use a lease and a contract for option, finish the lease and get the option, from my FL attorney

7 April 2015 | 30 replies
I have not been engaged and productive at work lately because my mind is consumed with real estate.

15 March 2015 | 14 replies
I'd get people who didn't "get" the idea of an answering service and try to strong-arm the call taker into contacting me directly.People would hang up, call back, hang up, and then leave nasty messages to the effect of "I've tried to reach Jeff several times but he hasn't returned my call."

15 March 2015 | 10 replies
Your lease should have a notices required recital, certified mail, return receipt requested to the address of the tenant, notice effective upon the mailing.

21 March 2015 | 10 replies
What you are talking about is a down payment, so if you can get 80% of the property financed at 4.5% and use the LOC for the other 20%, your effective interest rate would be much easier to deal with.

23 March 2015 | 32 replies
Some of them may be engaged in real estate businesses as well.

22 March 2015 | 4 replies
No, your lease will remain in effect and pass on to new owners of mineral estate.

24 March 2015 | 6 replies
There are some new guidelines going into effect in August 2015.

15 May 2015 | 15 replies
Just my opinion however.Here is a stabilized look at the property:9,500 market rent (all 14 units at the rents you mention above)- 15% for vacancy, concessions and loss-to-lease = $8,075 effective gross incomesx 50% expenses= $4,037 monthly NOIx 12 months = $48,444 annual [email protected]% cap rate (lowest I'd go in this area) = $569,292