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Results (10,000+)
Jerniel Diaz Buying first multi-family property with VA loan
31 May 2018 | 10 replies
THEN utilize the VA Loan and move into it and live in it for a year....FHA will NOT loan to you if you already own property within 100 miles so utilize an FHA Loan first.2 or 3 years later you may be able to refi or restructure the FHA Loan to get rid of the PMI if you get enough equity in it as well.
Mark Robinson 401k Self Directed Checkbook Profit Sharing SOLO CHIME IN PLS
30 May 2018 | 14 replies
If I hire a contractor - I want to see past work and talk to past customers and see ongoing job sites.  
Laura Ayala Newbie - Single Family lot vs Multifamily lot
30 May 2018 | 4 replies
Tenants are usually more conservative with the utilities when they have to pay. 
Thomas Miller Do you offer home warranty on your property sales?
30 May 2018 | 6 replies
This particular company also covers the seller from the day they buy the plan to closing, then covers the buyer for 13 months.FULL DISCLOSURE: I have no relationship with Home Warranty of America, except having been a customer and referring others to them. 
Anthony Tortorello What's the deal with Pre-Approvals?
29 May 2018 | 3 replies
Often times in the flip world or even buy and hold you may utilize some "handyman services" to handle items on the list.
Jia Liu Property management company mishandles my privacy info
30 May 2018 | 2 replies
I gave up -everyone has mine-utilities, credit card companies, NSA, IRS, bank employees, property managers, landlords, doctors, hospitals, insurance companies, car dealers, airlines, DMV, apple, Samsung, etc. really think it’s safe?
Nathan Gesner HOA Management Software???
8 December 2020 | 9 replies
Member directory, bulk emails/SMS, group administration, surveys, visitor stats, custom emails/site domains, but most all capabilities (other than calendars, directory, and custom pages are all under the $25/mo pricing tier. 
Chris Luksha Looking for thoughts on a proposal
30 May 2018 | 1 reply
Here are some basics on the property.SFR RentalLong term (3yr) tenant pays $1350/mo + all utilities (tenant is local school superintendent)Owner possibly refinanced at $100k in 2003.26 acres2 /11 1/4 story capeWaterfrontDetached 1 1/2 story garageTown Assessed Value: $122,300Actual resale value: potentially around $150k Deeded access I have put in 10% management, 8% vacancy, and about 6% others (capex, maint, etc.)So here is what I would like to send his way for a seller financed offer with no money down: Seller financed at 5% (30 yr amortization) with a 5 year balloon payoff payment Balance payoff payment at 5 years (~$91,829) Early payoff <24 mos = 10 points ($10000)Early payoff >=24 mos <36 mos = 8 points ($8000)Early payoff >=36 mos <48 mos = 4 points ($4000)Early payoff >=48 mos <60 mos = 2 points ($2000)Option for buyer to extend payoff date up to 15 years (within 6 months of payoff date, at a cost of 2 points.)Buyer to pay all title, recording, transfer fees etc.Total Interest Paid (If paid in full at five year mark):$24,038Total Sales Price with interest (If paid in full at five year mark) : $124,038Keeping in mind that we make money on the purchase, I would like to offer a fairly low purchase price that would help me get my foot in the door, and continue to give him monthly cashflow and delayed capital gains.  
Dom Chit Almost completed buying first MF properties! Now what?!?
3 June 2018 | 6 replies
Shop around for utilities if you are paying for it.Shop around for dumpsters line up the contractors to do all maintenance requests or upgrades you need to do.get ready to Install motion lights outside prepare ownership change letters to tenantscopies of keys copies of all leases (should have got in DD)Ask the lender and title company to provide you with the final Settlement statement so you see which other costs to expect. 
David Bardwell Bar / Tavern Tenants - Pros & Cons
4 June 2018 | 8 replies
If a customer gets water to drink and main meal special with nothing else then almost zero profit they are just adding to sales total.You need to see who is guaranteeing the lease.