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4 May 2024 | 27 replies
But if an old carpet needs to be replaced, that shouldn't come out of her SD.Or it could be pro-rated.
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1 May 2024 | 7 replies
Quickbooks is the market share leader when it comes to accounting / bookkeeping.The reason this can be considered important is that if you need an accountant to review, make corrections, transfer the accounting to a third-party, it would be easiest with quickbooks.The desktop version will be more affordable than the online version.Best of luck.
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2 May 2024 | 9 replies
Rental rates for a 4BR in Rosemary Beach are going to be different than a 4BR in Santa Rosa.
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2 May 2024 | 0 replies
Factors such as rising interest rates and an influx of new apartment units have contributed to challenging conditions.
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1 May 2024 | 1 reply
Once the problem is resolved, find a qualified PM company and transfer the management.A lawyer is going to cost drastically more than $28 per month.
2 May 2024 | 41 replies
Every single time you let a day laborer set their hourly rate, you can be damned sure it'll take them all day.
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2 May 2024 | 15 replies
The longer the pre-payment penalty you select, the better your rate will be.
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1 May 2024 | 4 replies
If you do ultimately foreclose on the property then you could transfer the deed to your LLC at that point.
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3 May 2024 | 3 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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3 May 2024 | 1 reply
Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.