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Results (2,586+)
Bienes Raices Collecting the rent in person, and the lease
16 April 2010 | 14 replies
It's very specific and gives me permission to enter every time.4.RENT PAYMENT PROCEDURE:Tenants agree to pay their rent by calling the Landlord (847-XXX-XXXX) and delivering in person, or in such other way as the Landlord will advise the Tenant in writing.
Account Closed Prospective tenants aren't returning applications
25 April 2010 | 18 replies
I don't know exactly what this means, except that I assume the drive-by folks had less compulsion to see the rental because of the sign and were merely curious.Per y'all's suggestions:1.
John Shiraef "Deal of the Century"
28 April 2009 | 10 replies
Here is an update from my agent:> I called the listing agent on the XXX St property.
Winniferd B. Met with a Mentor Today.....
22 July 2010 | 29 replies
A TRUE mentor will take you on as sort of an employee with a non-compete contract for XXX amount of time and HE pays you during that period.
Kel S Kitchen redo - should we put in dishwasher?
21 February 2021 | 27 replies
There are an awful lot of slumlords that refuse to do basic maintenance because they're getting "only" $xxx/month.
Thomas Parrott beginner looking for different takes & ideas
14 June 2009 | 3 replies
Ill start with my current situation and mindsetIm 22, I bought my first investment property 10 months ago.A duplex in my hometown (spartanburg, sc) for 108,000I put 27,xxx down, and I currently owe 69k on it.So far I have been lucky, having 100% occupancy and only 300$ in repairs.It has generated a little over 250 dollars a month (I lose 95 a month having it managed by a company)What I have been doing is putting all of the profit towards the principle, plus adding any where from 500-1200 additional to the principal each month.My theory on this plan was hammer it, get it paid off, then buy another, do the same except id have all of the flow from the already payed off duplex on top of my additional principal payment.I was looking at having my current duplex paid off in about 3 years and 2-5 months (depending on occupancy) Now....I have done the math several times, and tried slight changes to my original line of thought and I get the same outcome every time.....It will take forever to get big returns paying them off in full one at a time.I think I was being overly safe.Rental property is what I want to focus on.I can see eventually getting into commercial property as well (still rental)Id like for some experienced people to advise me on different ways to go about this.Something id like some criticism on is what I've been thinking about latelt:Lower end properties.Im not sure if I could get a loan on 22k (for a duplex) but im going to find outBut from what I have been seing, if you can keep people in them, the yields are much better than what im getting on my 108000 investment (which if both sides are rented brings in 1100 dollars a month)The area that it is in is populated....its just....lower end property as stated aboveIm not sure what comes into play when you get in that area, and if that's where I should be looking to move to with my investments but that's why im asking(In theory I could put 25% down on a lot more 20k duplexes than 108000 duplexes, and the mortgage would be next to nothing if I could get a loan, one unit would cover the insurance and mortgage payment with ease)Wow, long first post, =PThanks in advance
Joshua Dorkin Gurus vs. Experts - Is there a Difference?
3 June 2010 | 39 replies
His example was that he was trying to teach himself copywriting and spent a lot of time and effort into pulling from all these resources, but one day he bit the bullet attended a bootcamp and learned more in one weekend than in a year of trying to shore up all the information himself.In a business where we price ourselves out of certain duties and hire others because we value our time at $XX(X) per hour and someone who values their time that much isn’t going to be folding letters and mailing envelops.
Account Closed Does the "No cash No credit" financing really work??
18 January 2010 | 31 replies
In all reality, most of the so called deals are comming into the scrunity hairs of the SEC as if you form a business and get people to loan you money based upon what you can do to return their investment in XXX period of time this is considered a perspective and only family can do this without the proper paperwork.
Norm Chrostowski Qualifying questions
31 October 2017 | 21 replies
Otherwise, for me it's a waste of time to visit anything that I haven't already put under contract--at least in most cases.When making offers site unseen, assuming that is over the phone, are you simply saying, "I'll pay you $XXX,XXX" and are you stating that this offer is contingent upon X?  
Sage Jankowitz How strict are your property requirements?
7 November 2009 | 12 replies
My cashflow is $XXX or higher a month2.