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3 October 2016 | 1 reply
Hello everyone,I am a husband and a father of two, currently an active duty U.S Marine and a part time investor.
4 October 2016 | 4 replies
And a good way to get in on the market in this area is to go to any networking events for real investors that you can fine.
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2 October 2018 | 24 replies
I don't have any experience with them.however since they are CA based and did not post a CA BRE license number or CFL or NMLS I suspect they do not lend on 1 to 4 units as those require those above licenses if your in CA.Also I am always a little curious about those that say they lend from 20k to 20 million LOL.. no one can make a dime on a 20k loan... so thats curious.Lastly and this is just a personal pet peeve I just don't care for companies that don't list their principals and a small bio on their web page so you can look into the owners on google and make sure they are upstanding citizens.. again maybe its a marketing thing and maybe I am all wet but thats my preference I want to see who the principals are... they should be proud to put themselves up there ( again my pet peeve LOL)Just don't sent any up front money..
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3 October 2016 | 1 reply
Income and Costs (all numbers are annual)Nominal rent - 43.6kActual rent - 37.3k (14.5% vacancy. 33% turnover rate)Management - 4.5k (10.6% - could bring down with a PM switch)Maintenance - 5.0k (11.6% - ok, older building and a fair amount of tenant turnover)CapEx - 2.4k (5.4% - mostly plumbing costs: is that a worry?)
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16 October 2016 | 12 replies
There were DUI and DWI, besides marijuana possession and a few other misdemeanors, totaling up to six.
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4 October 2016 | 5 replies
I ask for 60 days' preferred notice, although they only have to give 30,, and give them good service and a nice place to live.
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19 December 2016 | 19 replies
Yes I'm sure everyone is welcome and a great place to start.
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13 February 2017 | 8 replies
@Robert Boyer I know a number of people who have worked for them and a number of people who have dealt with them and their deals.
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4 October 2016 | 9 replies
The tenant has paid his full rent and as the new owner you are entitled to every cent less the first 5 days of the month.
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3 October 2016 | 2 replies
I have bought a condo and a townhouse in Las Vegas a few years ago.