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Results (10,000+)
Joe Armstrong Best way to keep things on schedule with flip project
3 April 2017 | 23 replies
scheduling is an essential aspect of profiting from a project. using a GC is probably a bit more costly, but they are carrying the weight of the project and have overhead. shopping a GC's price is probably more time consuming than it is beneficial. you also are gaining the GC's knowledge of the qualiity of work that you will be receiving. but a schedule is critical and should be attached to the contract as an addendum. also any preference in material would need to be specified. the other item ive always included in contracts is the expected milestones and the sub either your own or from the GC should be strictly held to. after you get a few projects done you will understand more about how to schedule. also be mindful of your scope of work and changes. change orders can blow your budget.
Ben S. Preparing for and profiting from a crash
3 April 2017 | 46 replies
Granted P/E is just one metric, but it seems to be an important indicator.I could be mistaken, but I think the PE ratio you are posting shows some sort of weighted 10 year average earnings which would include 2008 and 2009, ie times of incredibly low earnings.The current forward looking PE ratio is 18 and some change which is above average but not all that not all that high historically. 
John Roberts Is this mortgage fraud? Would this lease be legal?
2 April 2017 | 31 replies
Property manager says, "Sure, I have a tenant (actually, employee) available who would take on that lease, but they can only afford $XXXX".Property Manager, employee and client agree to draft up lease for face value at $XXXX, but agree to: Verbally agree to pay 25% less than face value of leaseVerbally agree to charge client a lower management fee to make the 25% reduction more attractiveKeep the verbal agreement in place as long as its working for everyoneProperty Manager comes back and says, to protect my employee (who knowingly and willingly engaged in the fraud in collusion with licensed property manager) we need an addendum to the lease reflecting the lower rentObviously, there are several potential legal and ethical violations with this proposed scenario.
Brian Garrett What to do AFTER your offer has been accepted?
22 May 2017 | 81 replies
The selling agent told me later she had it with the seller, and just get the deal wrapped up, and it turned out she still make a few thousand in commission.I recall we spent $150 for the inspector, which resulted in a $4000.00 price reduction.
Pat Coogan Am I wasting my time looking at the MLS?
2 April 2017 | 12 replies
@Patti Rosepiler  well I don't have the same weight in our household..
David Shapiro Do you replace 13 year HVAC system with R22 refrigerant?
18 July 2018 | 25 replies
You can go for the lower quote or ask the current company for a reduction
Dain Hungelmann easiest way to get $ back at closing from seller
5 April 2017 | 7 replies
What does the 25k credit mean, buyer gets cash at closing, I guessed it's not a reduction in the loan.
Jonathan Johnson Lost a bargain buy on a big apartment, is it over?
25 May 2017 | 14 replies
They might also get lucky and land an all cash buyer or a 1031 buyer looking to park money and pay a premium.Sellers tend to take reductions easier over small bites.
Kyle Coleman New Investor in Baton Rouge, LA Market - Few Questions
10 April 2017 | 6 replies
The really good ones are not exactly easy to find, but they are worth their weight in gold.If I had it to do all over again, I would have moved out of my first house after the first year there and house hacked my way into owning several more rent houses the same way.See you at the top!
Udaya P. Sunroom - Appraised value
14 January 2019 | 6 replies
. - in my experience it depends on if/how the room is permitted.If it is properly permitted and considered living space, then it should add to the property's value based on a $/sqft assessment that's in line with the home's normal $/sqft value without the sunroom.If it is not permitted and/or not considered living space, it would likely be considered storage space, and therefore has a much lower $/sqft value (as low as 25% of living space value, I believe.)However, I believe appraisers all have room in their reports for some personal opinion/weight on the overall value that such a room would add, so it's hard to give a definite answer.