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27 February 2018 | 0 replies
Hi Guys,Is there someone who could please provide me with a good picture of a window with security bars and quick release, please?
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28 February 2018 | 10 replies
Part of the due diligence process is discovering what service and other contracts exist, and whether and how they may be enforceable against a new owner.The leases should be assigned, security deposits transferred, and any service agreements which the buyer does not want continued should be terminated (or dealt with somehow) as of settlement date.
1 March 2018 | 11 replies
If the property is not in livable condition regular conventional loan won't work unless you fix it.
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1 March 2018 | 7 replies
--So long as it is legal, an above-standard security deposit.
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29 March 2018 | 9 replies
Some years back when recycling started, the property changed hands, the new owner assigned 3 pails to each tenant, for regular, paper, and plastic garbage, so each will handle their own.
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27 February 2018 | 0 replies
I plan on keeping the property.I plan on obtaining several units on a regular basis.
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18 December 2018 | 20 replies
From those one looked fairly good, well managed on the upswing as a new owner had come in and started remodeling and kicking bad tenants out. 24 unit complexList 565,000Purchase Price 535,000Gross Rent:138,000Less Vacancy(10%) 13,830Operating Income 124,470Property Tax 8,837Insurance: 6,900Management(6% after vacancy): 7,468Maintenance(6%): 8,298CapEx(6%): 8,298Water: 8,400Waste: 2,700Electric: 8,400(laundry room, hot water heaters, security camera's)Cleaning(unit turnover): 1,800Landscaping: 600Operating Expenses : 60,301Net Operating : 64,169Loan Payments(100% financing): 42,369Cashflow:21,80024 units - 16 2bedroom and 8 - 1 bedroom lofts.
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2 March 2018 | 9 replies
My friend wouldn't place or remove tenants without owner approval or hold security deposits.
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3 March 2018 | 4 replies
The other partner is securing the loan with their credit.
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3 March 2018 | 8 replies
Hello folks, I became landlord by chance and this is my first time having to go through giving back a security deposit to a tenant, so please bare with me.