13 February 2013 | 28 replies
Here are the numbersGross rents - 13200/month 158,400 /yrOperating costs avg range-82-88k /yr Net - roughly 67-75k factoring in 2% -5% vacancy rangeThe mortgage is at 200k at 2% over 10 years so about 24k a year bringing my net down to 43-51kThe building is in MA and I'm currently living in Texas- I'm managing remotely using people for books, repairs and rentals (my net factors in their pay).

21 June 2013 | 9 replies
Hi,Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation?

2 January 2015 | 12 replies
I received a response from a yellow letter I sent to a probate lead this morning.

9 March 2013 | 3 replies
Only real life examples, I hope they would be helpful for potential renters and their friends, relatives/parents.Landlord greet potential tenant in... underwear and "explain" what he want "My neighbors do not like, that I rent my house, so at morning, when you go to your job, be UNNOTICEABLE, invisible, so they would not even see, thatthere is a tenant here.

26 January 2018 | 36 replies
There are a lot of factors going into this type of bidding BUT when you buy from a servicer like I mentioned above you don’t always have to bid on large tapes and you can buy individual quality loans in your local geographic area.With all of that in mind I personally DO think it’s possible to start out buying non-performing notes.

11 February 2013 | 2 replies
The main factors in deciding to use them are cost and the condition of existing stairs.At about $100/stair installed, the initial cost is about eight times that of carpet.

22 September 2013 | 16 replies
Thats not coming close to covering their holding costs when you factor in the maintenance costs and risk of things being stolen.Deed restrictions would be an easy fix for HUD though if this is really something they want to avoid.

28 February 2013 | 18 replies
The one factor that cannot be calculated would be the effect of renting it on my own without having the ability to do thorough background checks, and the possible results of getting a nightmare from hell tenant!

30 May 2013 | 35 replies
We’ve been trying to change this trend for years, but the society at large has decided that shoes, clothes, big-screen tv, big house, and a $4 dollar cup of coffee every morning is more important…Sad, but true