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14 September 2020 | 2 replies
That's a red flag but it's also an invitation for negotiation.
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15 September 2020 | 11 replies
Their lawyer is not willing to entertain any more changes at this point, also a bit of a red flag.
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21 September 2020 | 6 replies
Yes, traditional homes appreciate quicker...if you're into flipping that's great...but that FAST appreciation is also a RED FLAG for overpricing the market.The experienced MHP investors I've talked that have MHP's that are clean & well managed....hardly ever have a vacancy even in a bad economy.Remove the fear, dig in and do your due diligence.
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18 September 2020 | 21 replies
My 2 pennies on the matter is that you may want to consider a Monopoly-like move and transition from green houses to red hotels (houses to apartments) down the line.
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18 September 2020 | 10 replies
It just depends on if you need to be closer to Brown/Red lines or if Blue might work.
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1 July 2021 | 23 replies
As you may or may not know, the real estate market has been red hot here with inventory very low and demand up super high.
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22 September 2020 | 8 replies
Less environmental red tape on the East side of town.
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13 August 2012 | 9 replies
The bold figures above is all you need to apply this rule of thumb to:Estimated Gross Operating Income (Rent/Month): $1,200.00Now take 1,200 and multiply it by 50% (0.5) which will yield you 600.1,200*(0.5)= 600 This will factor all of your expenses tied into the property such as management, vacancy, depreciation, taxes, insurance (as noted above with my calculator).Next you will take 600 and subtract debt service, which is your monthly payments towards your loan:Mortgage Payment (Month): $454.49600-454.49= 145.51 Cash flow/monthThis last figure is the conservative figure you will collect after everything is all said and done, which is your cash flow.
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8 October 2012 | 7 replies
This should help accelerate the process of getting electricity back on at the home.Tenant recieved the following support (partial list)Red cross $130 debit cardAlso paid for hotel @ $65 x 3Red Cross also offered to fund $400 towards deposit for new residenceThe school also provided financial assistanceUnited way offered referrals to local agencies, but no direct helpReferred tenant to contact catholic charities - known for being helpful---------------------------------------------------------------------------------------------------------------Part 2 - no specific order2 Big errors made:Missed a spot where water accumulated in the basement (in a pile of clothes and junk that hid it very well) and is causing mildew issuesWAS NOT PRESENT FOR AN ELECTRIC TURN ON.
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20 August 2012 | 13 replies
But reporting huge repair expenses in relation to your rental income is an easily spotted red flag on your return.Reporting losses by aggressively taking lots of repair deductions (that you might have alternatively capitalized) will also lessen your chances of getting bank loans in the future, as banks like to just take the results off your tax returns, regarless of how much you say, "yeah, but..."