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14 August 2016 | 3 replies
I will spend some time on my own.. and do a pre app at the city or county that usually cost 1 to 2k.. then I might go to stage two with prelim drawings etc that cost 10 to 20k.. then I will decide if I want to move forward.Generally speaking you cannot develop bare land without up front cost that you could walk away from I have walked from 100k plus up front and not closed..
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16 August 2016 | 19 replies
If all but three units are rented, the reason for the sale is not negative cash flow.
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17 August 2016 | 11 replies
That aspect of it generally makes that type of financing slightly more expensive than a regular recourse loan, but usually not by much.
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15 August 2016 | 2 replies
.- Borrower pays all closing costs, usually subtracted from loan proceeds upfront.- Make sure the interest plus points doesn't exceed usury in your state, I don't know what it is in Florida.
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15 August 2016 | 6 replies
I hear all the time that Landlords usually have to fire a few property managers before they find a good one.
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15 August 2016 | 0 replies
They are usually also found in a GC’s crews and operating as individuals for hire.
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27 June 2018 | 16 replies
Usually that area gets commands 700-1000 depending on number of bedrooms/bathrooms and condition of unit and surroundings.what I do to squeeze out more money is to rent out the garage and storage areas.
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15 August 2016 | 3 replies
I had a real estate broker license for about 30 years but I never did that full time.Always remember to do the math analysis on your prospects and try to look at them before you make an offer or at least have a clause in the sales contract that allows you the time (usually about 15 days) to make a detailed inspection of the subject property and possibly back out of the deal without a penalty that will excessively hurt you.There is so much to say to you but I am bound to forget something.
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19 February 2019 | 14 replies
Usually if you pay on time your looking at a few hundred a year at most.
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16 August 2016 | 5 replies
Usually best to make sure you have the proper certificate from them to discharge the lien.