6 March 2020 | 7 replies
Go in and make sure the place is okay, send a registered letter stating that the lease is terminated (use the mailing address for the house) and get it re-rented.
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1 March 2020 | 38 replies
This gives the tenant 7 days to address the issue noted, and then we go back out to reinspect that the issues are indeed handled.
26 March 2020 | 3 replies
I use a letter with a real stamp and a hand written address.
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1 March 2020 | 26 replies
Many thanks to you all for taking time out of your day to address my problem.
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28 February 2020 | 4 replies
If you google OPRA request form and put the town you’re buying in next to it, the pdf will come out with the email address to email it to.
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27 February 2020 | 4 replies
Though my address and mail are still in Pa.
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2 March 2020 | 6 replies
Our service runs at $.34 or less per address.
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28 February 2020 | 3 replies
.** Property Description **Address: Rapid City, SDType: HouseBeds/Baths: 3/Square Footage: 1,104Year Built: 1953Lot Size: 6,969 sq.ft.** Purchase & Rehab **Purchase Price: $117,000 ($106/sq.ft.)After Repair Value: $165,000Purchase Costs: $585Rehab Costs: $11,286 (75% Financed)Down Payment: $32,072Total Cash Needed: $32,657** Financing (Purchase) **Loan Type: AmortizingLoan Amount: $96,215Loan to Cost (LTC): 75%Loan to Value (LTV): 58.3%Loan Term: 30 YearsInterest Rate: 5%Monthly Payment: $517** Holding Costs **Holding Period: 2 MonthsLoan Payments: $1,033Recurring Costs: $414Total Holding Costs: $1,447 ($724/month)** Refinance **Refinance Loan Amount: $123,750Refinance Costs: -$4,950Purchase Loan Repayment: -$95,983Holding Costs: -$1,447Refinance Cash Out: $21,370Invested Cash: $32,657Refinance Cash Out: -$21,370Total Cash Invested: $11,286** Financing (Refinance) **Loan Type: AmortizingLoan Amount: $123,750Loan to Value (LTV): 75%Loan Term: 30 YearsInterest Rate: 4%Monthly Payment: $591** Cash Flow (Monthly) **Rent: $1,200Other Income: $75Vacancy: -$60 (5%)Expenses: -$255 (21%)NOI: $960Loan Payments: -$591Cash Flow: $369** Returns & Ratios (Year 1) **Cap Rate (Purchase Price): 9.8%Cap Rate (Market Value): 7%Cash on Cash Return: 39.3%Return on Equity: 9.2%Return on Investment: 277.6%Internal Rate of Return: 277.6%Rent to Value: 1%Gross Rent Multiplier: 8.13Equity Multiple: 3.78Break Even Ratio: 70.5%Debt Coverage Ratio: 1.62Debt Yield: 9.3%
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29 February 2020 | 3 replies
Our plan is:1. transfer property via quitclaim deed2. clean up property and address minor property issues3. appraisal/cash out refi4. hire a property manager to manage the propertyI've read of a seasoning period, but is there a way around this?
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5 March 2020 | 2 replies
You input the address for a property to set up a "project" and it pulls directly from county records to get all the public information.