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10 December 2020 | 6 replies
Or do you charge a flat fee the month of the inspection?
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14 December 2020 | 25 replies
@Marlon Lacayo the pro forma numbers are as follows for the property.buy and hold.Rent: $1500PITI: $626Repairs: 6% of rent ($90)CAPEx: 6% of rent ($90)Vacancy: 8% of rent ($120)PM: $100/month (Found a PM that manages for a flat fee).Net cashflow: $472/mth (which will go towards LOC)If I sell, then I will at least hold it for a year so that I can do a 1031 exchange.
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12 December 2020 | 12 replies
I either do 3% to represent buyer, flat fee if it's below 70K or 2K flat fee for paperwork.
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12 December 2020 | 13 replies
The information in some of the wholesale distribution packets is flat out wrong.
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10 December 2020 | 3 replies
Administrator has told me he will submit my offer to lender if I pay his flat fee (5k) and include proof of cash funds, (home in unfinanceable).
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27 October 2021 | 12 replies
Administrator has told me he will submit my offer to lender if I pay his flat fee (5k) and include proof of cash funds, (home in unfinanceable).
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20 December 2020 | 7 replies
In other words, you may have already baked your cake.A better question is do you really need an LLC?
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26 July 2021 | 6 replies
I will always go with Home Depot's Linen White with a Satin finish (not flat and not glossy).
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14 December 2020 | 2 replies
All other residential buildings that are 20 years or older would be able to add 33 percent of the number of existing units, and rounding up or down.2-flats: 2x0.33 = 0.66 rounding up to 1 unit3-flats: 3x0.33 = 0.99 rounding up to 1 unit4-flats: 4x0.33 = 1.32 rounding down to 1 unit5-flats: 5x0.33 = 1.65 rounding up to 2 units6-flats: 6x0.33 = 1.98 rounding up to 2 unitsAnd so on.If adding a coach houseAll properties that are either vacant or have a single-family house, 2-flat, 3-flat, or 4-flat would be able to add one coach house as long as there is no conversion unit on the lot."
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14 December 2020 | 1 reply
Private guys like a flat fee, but if you can get a % of gross, that's better.