
25 November 2018 | 5 replies
@Aron.H thanks for the breakdown this is exactly what i was looking for this is a great example and not just for me, very much appreciated id like to dive a little deeper 1. is that the average cap-x for apartments with HOA what would 2. what is the average vacancy and i dont think i would pay much more than 10-12% on management being this is one of my 1st deals. 3 lets call it 4.5% im thinking it would be 135k on ARV with a mediocre rehab but if i make this place nicer than the rest of the comps in the area i have seen some go for 175k (i need to do more research on how to calcuate a reliable ARV) if anyone has a #quick tip on that would much appreciated thanks. 4. i agree maybe burrr isnt the best stratagey to use maybe would better qualify for a fix and flip on a w202 LOAN?

28 November 2018 | 10 replies
I do also use Craigslist and RentCafe and my buyer agent sometimes has reliable info.

26 November 2018 | 8 replies
If we charged $50/mo pet rent on top of the base rent increase, is that worth having the security of two years of reliable rents at slightly above market rates?

26 November 2018 | 13 replies
Your licensing board can verify whether someone is licensed or not.A real handyman is usually half the cost (or less) but you really have to vet them to make sure they're reliable.

25 November 2018 | 1 reply
They will know all the reliable ones in the area.

17 December 2018 | 7 replies
I have been having a lot of difficulty finding reliable people to work with (contractors, handymen, house cleaners, etc.) and would welcome any and all referrals.

23 December 2018 | 15 replies
Does anyone have recommendations about reliable property management companies in Germany?

28 November 2018 | 11 replies
I like cash as much as the next person but I am looking for a reliable way to receive it without me having to go knocking on doors.

29 November 2018 | 6 replies
It was somewhat of a downer but I want to find out what all the HOA is responsible for, their reliability, etc. because the property needs some TLC that is not happening.Thank you in advance!

3 May 2020 | 13 replies
The condo was advertised by HUD as IN (insured) and as "203k eligible".I won the bid, and now I have trouble finding a reliable lender who would originate an FHA loan.Every mortgage broker I spoke with so far told me that I cannot get an FHA loan because the condo is located in an HOA who is not FHA approved.However, I called the HUD directly and they emailed me info where it is explained exactly how one could do a loan in a condominium project that is not FHA approved.Here is a straight quote from their email""To be eligible for FHA insurance a condominium project must meet all condominium requirements and be approved by FHA or an unconditionally approved Direct Endorsement lender, as outlined in Mortgagee Letter (ML) 11-22, ML 12-18, ML 15-27 and ML 16-15.FHA case numbers cannot be requested unless the project is approved.