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Results (10,000+)
Casey Mack Republicans think they won?
23 January 2010 | 147 replies
Congratulations to those who wanted the MA Senate race to end with Brown filling the seat!
Scott Sutton Market-evaluation tutorial?
24 June 2010 | 12 replies
Unfortunately (or fortunately) that information could probably fill dozens of books, and even then, I'm not sure there is a step-by-step procedure that will be foolproof.Part of the reason is that there are some things that can't be quantified very easily.
Just Don Bying Special Tools from Private party
30 June 2010 | 11 replies
That was the last time I used it and since then I just remove, COMPACT good fill (which should have been done in the first place) and replace.
Mike Johnson Holy cow, where do I begin?
13 October 2010 | 18 replies
He is a bit of a grump at times and I don’t agree with everything he writes, but he is certainly an expert in the field and will steer you clear of the usual guru crap that most people fill their brains with when they first get started.
Jimmy H. Getting permanent financing for REO apartment
14 October 2010 | 9 replies
No active leaks noted yet but they may be a concern. there is an old inground pool that is a liablity but I would plan to rent a jackhammer, push the smashed concrete in, and fill the rest with dirt and throw some seed over the top.Broker did not have access to environmentals or appraisals because the bank bought the property back before foreclosure. broker seems to imply that the concerns are deffered maintenance and estimating capital requirements for roof and windows. broker also implies that seller will not accept less than $800k.cash flow is currently negative due to being poorly managed IMO. the budget includes items like $1,800 for telephone when a phone cost 25-30 per month. the bigger kicker is there is an option to either rent with no utilities included (at rental rates quoted above) or to pay an extra $100 for water and electric included (units have central HVAC included in electric).about 40 units have opted into this program giving a budgeted utility rebill income of around $4,000, the problem is that budgeted electric is over $4,000 and water is just over $4,000, and not only that but in September the electric bill was more than $8,000.
Mike Neyman Where did all the good REO deals go?
21 March 2011 | 13 replies
I know the room was filled with many like her.Five years ago it was no money down on pre-construction.
Steve Anderson How to Save My Property Tax?
10 March 2012 | 3 replies
Thanks for your great suggestions, finally I found an expert property tax lawyer for appealing property tax from law firm and fill a simple form at [removed] for appealing property tax assessment.
Account Closed Hi from The Netherlands!
12 March 2012 | 16 replies
Look beyond borders and maybe you can find where that flight training will take you.
John Pitkin Management expenses for multifamily
14 May 2012 | 1 reply
Yes John I specialize as a commercial broker in multifamily.Residential is 10% but can go up to 12 to 13% if you are buying in a war zone that will be a headache for the PM company to manage.Multifamily if you just have a duplex,tri-plex,or quad the rates typically stay around 10% unless you go for ala carte type services which I don't recommend.50 units or more in one development usually the rate is 5%,under 50 units to 20 is about 6 to 7%,under 20 down to 4 ranges from 7 to 10%.These are not set numbers just what I see.It also depends on not only the number of units but what you are purchasing.If an existing management company stays on they might give you a deal but depends on how they performed in the past from the seller you are purchasing from if you would want to keep them.Also a factor is location and if the facility is turn key and fully performing.If the building needs turning (half-filled) around or is completely vacant there will be extra costs by the PM to get it performing again besides the regular percentages.Anything 5 units or over is commercial lending.Hope it helps.
Debbie S. How to tactfully reject this applicant
2 August 2012 | 20 replies
Do I give him a rental application to fill out?