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24 January 2014 | 17 replies
Lots of extra stuff there, the water bill was higher than ever, and the tenants upstairs are willing to go to court with me to testify to all the constant noise of these several people.Is your tenant paying rent on time?
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13 January 2015 | 23 replies
FYI - I recently posted this in another thread - might help you get your head around what it takes to start a wholesaling business ~What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.Perhaps also,c) Title company (good to have but more important for cash buyers; but you may want one to hold earnest money in escrow)d) Attorney (required in some states)Best of luck!
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27 January 2014 | 9 replies
It showing up in a public search is enough for me.That would cause more damage to them than posting a review on a site that most landlords probably haven't heard about and less risk of a lawsuit.
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26 May 2014 | 8 replies
I've read MANY posts on other sites about how Springfield renters are mainly pot smoking lazy bums that don't care about their living conditions and will likely not pay rent and often damage your property.I invest in multifamily part time and looking for good cash flow to support retirement in 15 years.
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24 January 2014 | 0 replies
I found it interesting.How to Encourage Private Flood Insurance; Why Delaying Biggert-Waters Is Not the Answer
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24 January 2014 | 2 replies
Our court case is now set for early February.Is posting the unit for rent on Craigslist sufficient to show an effort to mitigate damages or do I have to spend money on a print news media?
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30 January 2014 | 11 replies
and others say that the price is the price.Are these kinds of deals just dead in the water or has anyone had any success sending off an estimate of the true value based on actual expenses?
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24 January 2014 | 4 replies
I see this place costing you about $750 + utilities at this price.I assumed:5% downfull askingself managedtenant pays all of their utilitiesExpenses as I see them:Mortgage Rate 5.00%Length of Mortgage in years 30Monthly Mortgage payment $1,121.45Taxes $373.17Sewer and Water $-Trash $-Heat/Utilities $-HOA $-Cap Ex and Ops $150.00Insurance $125.00Mgmt Fee $-Vacancy $88.00Total Expenses $1,857.61 + your sides utilities
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24 January 2014 | 2 replies
ARV is what the market value of a property after all the repairs, improvements and holding costs (including cost to acquire and dispose of the property) have been spent or accounted for, those together with your expected profits and/or your compensation for the brain damage is where you need to be buying the property.After Repair Value is the future expected market value with repairs/improvements made. :)
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25 January 2014 | 8 replies
Don't just use too much water, as the envelopes will become damp and lose it's clean shape.