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Results (10,000+)
Jayson Trierweiler Please critique my CapEx Allowance formula
28 May 2016 | 5 replies
Some feedback:Your estimated life appears to be for a new property and you may want to adjust for the actual remaining life of the existing items.If you have not included the following items in repairs and maintenance, you may want to include them here: appliances, cabinets, counter tops, lighting, tubs/shower, windows, doors, gutters and porches/decks.Interior paint - 6 years seems long...$2500 seems high...not sure on sizeFlooring seems high - not sure on size...regional flooring companies in my market are very affordable and reliablePlumbing and electrical - I don't have plans to re-plumb or re-wire units every 20-30 years but do include estimated cap ex for fixtures.Off topic but consider LVT rather than laminate wood...it's very durable and can get wet.  
Or Yeger lets talk about performing notes
15 January 2017 | 20 replies
The investor exists in the relationship to earn a return.
Lonnie Waliczek Hard money lending advice in Wichita Ks.
1 June 2016 | 3 replies
@Lonnie Waliczek  HML  exist because of what you just found out.. its far and few between that you can find a bank that will do flip funding.you must be exceedingly strong financially I mean to the point the bank feels that if you goof up the flip you have other means to pay them back and that their security is not just in the asset like most loans.I have had 7 figure flip funding lines for going on 20 years now it took me 10 years with the same banker to get to that point.. we started with 100k and ended up at 15 million at one time.. but it was over the course of Many Many years.. and super strong financials and income.We started with HML and private money.. although to be fair I owned the Hard money company  LOL.
Lynne Hart Missouri - Buying an occupied multifamily, what can change?
29 May 2016 | 3 replies
.- Even if we didn't change policies or terms, can we update the existing leases to the buyers preferred contract if the basic tenant cost and amenities, etc don't change?
THU NGUYEN Using Money to Buy/Rent Out or Lend out as Private Lender
28 September 2016 | 24 replies
Sellers usually go with the first buyer they trust so speed and giving the seller a sense of confidence you can do what you say are much more important than the actual dollars offered.Mass wholesalers sell their own book, promoting rentals for "long term wealth", but like all promoters gloss over the bad sides of landlording and, in my opinion, misrepresent vacancy and maintenance - frankly by never even mentioning them and showing "cash flow" as if those realities don't even exist
Carlton Francis Newbie In Orange County, California
4 June 2016 | 21 replies
You moved to a great area and have a great set of skills in Web Dev, which you could utilize to gain relationships with investors building a new website, or rebuilding an existing website!
Mark Burgess property insurance
29 May 2016 | 3 replies
If you just insist that it is not necessary try to get the manager to delete it,  if it exists, eliminated from your lease.
Mary Bodrato I'm a newbie & I found a distressed seller - need guidance
30 May 2016 | 25 replies
The idea is NOT to MAKE a deal into a wholesale deal… it’s to understand that deals already exist, but they're hiding and you have to find them.
Account Closed Do flippers need to have an eye for design?
7 June 2016 | 6 replies
Like anyone else's strategy, you can copy existing/comps then use that.
Jing Lin Newbie in Dallas, TX
31 May 2016 | 14 replies
We finance up to 10 properties for a borrower, and you can use your rental income on existing properties to help qualify for more properties.