
22 October 2021 | 5 replies
Review their management agreement.

28 October 2021 | 6 replies
Reviews are the name of the game and will give you all the information you need.

21 October 2021 | 0 replies
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*This link comes directly from our calculators, based on information input by the member who posted.

22 October 2021 | 5 replies
Once you buy one, you'll probably buy more.Some suggestions:1) Us Quickbooks and set up Classes for each property and subclasses for each unit. 2) Scan EVERYTHING to either Google Drive or Dropbox. 3) Create a consistent folder-tree convention, example: Main_123 (property address with street name first) -General Property Info --Insurance --Property Taxes --Title Docs --LLC DOcs --Purchase Docs --Loan Docs-Utilities-Maintenance-Leases --Folder (LastName_FirstInitial)-Advertising-Rental License-InspectionsAppliances & Mechanicals (pics, model tags, warranties, etc)4) Create list of consistent naming conventions for files so you don't have to open themExample: yyyy-mm-dd Main_123 Water Bill mm-dd to mm-dd $xx.xx Lease Main_W_123_#unit (LastName_1stInitial) $RentAmount EXP yyyy-mm-dd5) Create a great lease by reviewing several from online, then have attorney review for compliance with state & local laws.

22 October 2021 | 4 replies
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*This link comes directly from our calculators, based on information input by the member who posted.This is my analysis of a wholesale deal, The numbers look great at $200 in cash flow. b...

29 October 2021 | 1 reply
The information below was provided by a Loan Officer for my Closing Cost as the Buyer/Borrower and Title Company for the Seller's Closing Cost.Loan Information$185,000 = Loan Amount$9,250 = Conventional Loan Down Payment (5%)$4,980 = Estimated Closing Cost: (Processing Fees, Underwriting Fees, Appraisal, Appraisal Review Fee, Title Insurance Services, Settlement Fee, Administrative Fee, Courier Fee, Owner's Title Insurance, Lender's Title Insurance, Recording Fees, City/County/Stamps, & State Tax/Stamps)$2,120 = Estimated Prepaid/ Estimated Reserve Cost: (Daily Interest, Home Insurance, & Property Taxes)$16,350 = Total Cash at Closing from Borrower$1,000 = Estimated Monthly Mortgage Payment: (P&I, Hazard & Mortgage Insurance, & Real Estate Taxes)Seller Closing Cost$0 = Agents Commissions: (No REA involved in this transaction per Seller's request)$900 = Total Cash at Closing from Seller: (Estimated Doc.

23 October 2021 | 6 replies
We will still show your pending property & take backup applications until MoveIn occurs.Lease Signings include signing of our annually attorney reviewed, 27+ page lease, completed MoveIn Checklist & Video – all published to your online portal.Lease Terms are set to avoid end-dates from October to February whenever possible.

27 October 2021 | 3 replies
Definitely check out Storage Rebellion, otherwise there are free models on Adventures in CRE .com great for underwriting. and we're great for legal review :)
27 October 2021 | 37 replies
Just fyi this isn't an ethical debate but they clearly think a lot of reviews and I'm just really mad and really want to write a review

26 October 2021 | 27 replies
@Bill Brandt thanks for reviewing my numbers.