Ericka Mizuta
Writing own note on a investment property
1 July 2014 | 7 replies
Property not used for primary residence is reduced in the maximum amounts loaned against them.
Sam S.
Servicer charging ridiculous so-called "lender-paid expenses"
8 July 2014 | 10 replies
If we hadn't purchased the property subject to and brought the mortgage current, the lender would have kissed a bulk of the principal good bye.
Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
22 July 2014 | 104 replies
I have to replace the AC unit because the builder used a CHEAPO brand, but I got the seller to reduce the price by the cost of the AC Unit.
Matt Bowers
What should I do with inherited tenants that had verbal leases with prior owner?
5 August 2014 | 14 replies
At 100 a month increase you are talking 41 months ( a little over 3 1/2 years) to get a positive of the 100 a month back.Now increasing rents and reducing expenses will usually grow your equity and resale price.
James Sunderland
Starting a life with 50k
17 July 2014 | 6 replies
Well here's what I figured out, using the first link as an example ($52k triplex, assuming 1 unit is vacant):-TaxesIndianapolis, marion county, 3.13% or $1627 a year, though there's a homeowner deduction that reduces it by half If I live in the house.
Anthony Gayden
8 unit In Tucson Deal Evaluation
20 February 2015 | 8 replies
These 2 factors will also reduce your returns.Thanks for sharing!
Josh Mitchell
Thoughts on 50% Rule
17 July 2014 | 17 replies
Originally posted by @Josh Mitchell: Water, Heat, Gas, pool, common insurance, scavenger, landscaping, elevator, tennis court, basketball court, parking, storage, laundry, clubhouse, snow removal, exterior maitenance, security door locksSome of the items you list will reduce your costs but many just go to pay for luxury items for the tenant.
Erin Legler
Auction today
15 September 2014 | 32 replies
no we charge per property, give discounts for bulk orders, see the site.
Chan K.
Boston, Tenant Payment System, Landlord
18 July 2014 | 5 replies
Usually, the cost savings they see from reduced time spent on rent collection, reconciliation, and accounting well outweighs the cost of PayNearMe.
Stacey Olson
Acceptable practice when making cold calls
17 July 2014 | 1 reply
This is regarding one of the properties we came across:One of the other properties appears to be a small part of a $1.5 million bulk auction buy.