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3 June 2020 | 8 replies
@Mark Benevento‘Would be more than willing to pay one months rent for them elsewhere’, sounds like a cash for keys option and is one of the most popular methods of getting unwanted tenants out of a property.You haven’t provided anymore information about the tenants or what grade the property is (B, C, D?)
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5 November 2020 | 9 replies
Professional grade systems will cost significantly more, but will work when you need them.
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23 June 2020 | 0 replies
Hello so here's what I'm (a general contractor) working with:The Deal:$20,001 for the purchase of City of 100,000+ residents / majority low income but plenty of opportunity including financing the construction from the government9 parcels of landARV (As is): 63kARV (with improvement based on comps): $700k - 1.4MM 1 commercial warehouse - 7000 sqft, undisturbed since it went vacantARV: $50k1 SFH- 5br/2ba - 20k sqft lot1 duplex- 5br/3baestimated construction - $30kThe business:1 year old$200k revenue - $33k profitEstablished trade credit but vendors never reportedExperian grade - BNo debt$6k in outstanding invoicesPersonal:Less than stellar creditTrack record of successful ROI for partners and private lenders (family)Have a credit partner who will be completely silent Credit Partner:794 credit scorecurrently has 11k credit limit0% utilizationSo in order to do this my plan is to:Increase credit partners credit limitsAdd me on as an authorized user to help raise personal creditEither do a business line of credit, hard money, non-recourse?
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30 October 2021 | 8 replies
I am talking about those we own or manage, clearly I don't know about others.Make sure the grading is still flowing away from the home.
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5 February 2022 | 4 replies
I also found this guide below that shows its grading. https://www.biggerpockets.com/...
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4 January 2019 | 1 reply
One thing I did was purchase a medical-grade air purifier to help combat the smells, but it really hasn't seemed to have helped me.
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5 December 2019 | 32 replies
But some things to think about would be the following: cashflow, ROI, payback period (how long would it take to repay your mortgage), rehab profit, rehab ROI, minimum or max purchase price, minimum anticipated rent, rehab turnaround time, debt ratios (various debt ratios), school grade (if available from a source), crime grade (if available from a source), etc.
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18 July 2016 | 46 replies
Rental grade or house grade?
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27 March 2016 | 9 replies
Does anyone know of a kitchen and bathroom cabinet dealer that sells rental grade cabinets in the Stuart, West Palm Beach or Port Saint Lucie area?
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15 November 2015 | 9 replies
You could offer your tenants some up grades, washer dryer, microwave oven, new carpet, security safes, alarm service, inside improvements. increase rent as agreed for the improvements.When tenants move out, move in and create a WOW factor, install lights in closets when door is open, upgrade kitchens and baths, spend money to thrill tenants......you will find that the present and future returns on your improvements should be great.Charles Parrish