Josh Rich
Apartment Deal
29 January 2014 | 5 replies
The market is strong, good job outlook, and sound economy.My concern is that with so many other units in the complex that I lose control of the condition and pricing on those competing units.
Marcus Johnson
shortsale paperwork
4 March 2014 | 14 replies
Well, the purchase agreement has now been cancelled and I've lost it due to the incompetance of the bank and their slowness, had they let me know sooner of their concerns I could have found new financing.
Michael Garson
2nd House Strategy
22 January 2014 | 3 replies
My concern is that by buying the investment house first, I ruin my chances at getting a less than 20% down loan on the 2nd home, where I'd really plan to settle in.
Sandy Franklin
Vacation Rental - Property Manager Question
23 January 2014 | 9 replies
My concern is that it would be very easy for PM to be skimming money off the rent (ie: tell me it rented for $3700 when they actually collected $4000.)My questions are:1.
Chelsea Lewis
Info on Hard Money Lending
23 January 2014 | 2 replies
Don't fake it, it will show before you finish the sentence.Answering these concerns without being asked will go a long way towards making them feel you know what you are doing.
Matt Overbee
Do you think lowering price in the slow winter months is effective?
23 January 2014 | 10 replies
If you do have some concern have your agent pull up sold and pending comparables in the last 90 days, within a 1 to 2 mile radius of your home.
Aaron Cunningham
Spread the Net Wide!!!
23 January 2014 | 1 reply
The trend that I am thinking of is "buying in an area we like" or "a type of home we love", and while I am not opposed to that general line of thinking I am concerned that it may not be the best way to make money in the market.
Samson Kay
Rich Dad Poor Dad Thoughts?
8 July 2022 | 97 replies
May I ask why it is of concern to you if there is or is not a "Rich Dad"?
Ryan Doyle
MHP with a house
28 January 2015 | 4 replies
Recently came across a mobile home park that has a 3/2 block house on it.
Dustin Hope
HELP!
25 January 2014 | 9 replies
It is a mobile home park, with 48 lots (leased for $150.00), no park owned homes, and pays for their own utilities, 44 lots occupied.All Annually These expenses are from the park, Real estate taxes: $2593.50Outdoor lighting: $672Liability Insurance: $500Lawn: $720NOI:The gross NOI is $79,200I Would Add Or Change To The Following Expenses, Such As:Management: $ 3,168Other: $ 300Lawn: $ 1500Insurance: $ 1000Travel: $ 800Loan from bank:Interest from bank: 6.5%15 years amortizationLoan for down payment:Interest for investors: 8%Questions:It seems every park I run into there is no money left after I pay back the bank and investors.