Our VA does this in about 40-50 hours a week, and reduced my cost for this work by 90% (Not "to 90%"...

If any Tenant, USING A MILITARY CLAUSE, breaks their lease within the first 12 months, this fee will be reduced to $250.00."

Hello all.
I am pursuing a deal in an excellent location in Providence RI with good cash flow potential.
It is a 2&1/2 story 5-family with 5 set separate meters and breakers. The layout is:1st floor: (two) 2 ...

The more stuff they have stored there, the less likely they are to move reducing turnover.

My overall state tax liability is unaffected because whatever I pay to OH reduces dollar for dollar my CA tax.

I have yet to see a property where I assumed zero appreciation beat any IRR I have modeled in an Appreciating market.HOWEVER, these days, I reduced my appreciation assumptions.

I would simply refi current balance to reduce payment and knock off PMI.

First is if the sponsor accepts commitments but only calls for portions of the capital while acquisitions are made, which results in you holding idle capital and reduces your return.  

Thank you all in advance for those “lessons learned.”David - I never purchase the land until I get all of the entitlements and permits and hi Ty the purchase price of the land to the density granted so if you get less than you’re looking for you can reduce the purchase price.Also I begin with the end game in mind and make sure that I have Builders lined up ready to take down the lights when I’m finished so I know what my profit is in advance.If I’m building the houses and developing the land I make sure the market can absorb the inventory at the price point I am projecting and I work everything backwards from there. 

Private & Hard Money Lenders provide 80% of the Purchase Price on rental properties with FICO over 700 - the LTV reduces the lower the FICO score is - for Fix & Flips they provide 90% PP 100% Rehab