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20 February 2018 | 1 reply
(Side note - he has done a horrible job marketing the property.
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20 February 2018 | 8 replies
That area is especially cramped and parking is pretty horrible.
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24 February 2018 | 19 replies
I’d imagine that a 5-cap is horrible in Ohio but would be awesome in Manhattan.
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28 February 2018 | 11 replies
@Jonathan Polanski The agent might be trying to buy for himself (conflict of interest), trying to keep the entire commission (horrible business practice), has had a bad past experience with your agent (unlikely but possible) or has a preferred investor lined up.
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2 May 2018 | 11 replies
@Bob Prisco, this is very nice of you to offer to help Amy out of this horrible situation.
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10 May 2018 | 7 replies
I go to Hawaii every year and I've had some awful experiences with horrible filthy airbnbs.
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30 July 2018 | 55 replies
I have not seen the listing but there are nice presentations on the MLS and horrible ones.
11 March 2018 | 6 replies
But I'd like to run the numbers in the scenario as I move out after 2 years living there to check the cashflow- Financing: owner occupied conventional loan - Downpayment: 5% - Interest rate: 4% - Loan period: 30 years (fixed) - Vacancy of 5%, Repairs of 5%, Capex of 5%, and PM of 10% - I assume I can get 10% discount based on how long it's been on the market (purchase price of $719,100) - I used Realtor.com from the link and based on purchase price of $719,100 it gives me prop tax of $749- I relied on the listing agent data of $92 per month for home insurance - I relied on the listing agent data of $112.50 per month for water, $112.50 for sewage, $95 for garbage, and $60 for lawn care (assuming the tenants pay for their own electricity and gas) - I left PMI to be 0 since I do not know how to calculate this Result: Based on assumptions and MLS listing, this property cashflow -$1,280.00 (aka, a horrible investment).
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9 March 2018 | 29 replies
That seems like a horrible idea, you are going to reduce your minimal fee of $10 to $5 and make less money?
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13 March 2018 | 65 replies
Now he's claiming I should only make them replace the glass and the latticework (basically repair the door) and I am not opposed to this, IF it can be done and I told them that.They're just making me feel unreasonable and I know that's what people do, they try to justify their horrible behavior, but it's really starting to make me sick (literally) with anxiety.