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1 December 2020 | 4 replies
One version of an intercept interview occurs when people respond to a survey that is related to a purchase that they just made.
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17 December 2020 | 17 replies
You would also get a one time 1-3% acquisition fee based on the purchase price and a monthly occurring 1-2% asset management fee based on the gross revenue.If this was me on a small deal like this, I would probably do a 40/60 split to make it simple. 40% to my investors based on their investment amount and 60% to myself
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2 December 2020 | 5 replies
If you hire someone with several violent felonies and then they hurt someone while on the job, you are taking on risk of being sued for putting the victim in harms way.
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2 December 2020 | 9 replies
His reasoning was that if something goes south in the acquisition or rehab phase, lenders (or other harmed parties) would not have access to our rental property portfolio.
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21 January 2021 | 28 replies
Especially when the first year is interest only as it greatly helps with cash flow when there's some vacancy due to renovations occurring.
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6 December 2020 | 12 replies
In this market, it might be more harmful to try to use an agent on less desirable properties, as some of them are too busy to care about small sales at this time.
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8 December 2020 | 18 replies
If tenants are violent or actively harming property, you can likely fully evict them now under the "interests of justice" exception to the moratorium.
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9 December 2020 | 10 replies
Let them carry the cost of having an attorney on retainer, since the liability falls on them to prevent any lawsuits from occurring in your rental.
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9 December 2020 | 4 replies
I was wondering if the appraiser does have a valid point or he is holding grudge against me for scheduling issue that occurred earlier.
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14 May 2020 | 14 replies
When we evaluate a deal we never look at appreciation, we treat it like gravy when it does occur.