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20 June 2008 | 3 replies
You may have had a great credit score when you first purchased your home, after years of mortgage payments, credit cards, car payments, and consumer loans may have banged up your credit a bit.
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22 February 2010 | 18 replies
Banks Probate Course for $300.Well worth the price...not the 6k he used to charge for the same info.....they even had a payment plan for 6 months.
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13 May 2016 | 67 replies
The charges are pretty steep and include both a one time charge (thousands) and a monthly charge (hundreds).
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13 September 2018 | 8 replies
I'm considering whether it would be worth having a website to attract customers for entry only agreements (charging a flat fee to list properties on MLS).
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1 August 2008 | 41 replies
You'll essentialy be paying interest on your own money, so you'd better be sure if you refinance it's to invest the money in something that does much better than the interest the bank charges you on this $$$.
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27 June 2008 | 3 replies
Of course, you'd have the 4-5 things you'd desperately like to know about REO pre-written...and just go down the list.Make a point to drop a handwritten thank-you card in the mail that day...with your name...and a mention of the conversation....NO Business Card.Then stop by in the next 48 hours and meet him...shake hands...don't stay...just wanted to pop in and say "Hi"...but I do have a couple more question for my project, "could I call you later?"...
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9 July 2008 | 163 replies
Rental Income is $875-$925 per side/per month (we listed the low end) Gross rents $1750 Taxes $222 Insurance $82 Management $140 (Original placement fees paid for, no other charges) Repairs $0 (It is new with builder warranty) Utilities $0 (Tenants pay all as wriiten in contract) Maintenance $0 (Tenants pay all as written in contract) Vacancy $0 (we have a variety of new tenants to choose from) Vacancy $105 (Lets put 6% in there anyways to satisfy you) Administration Costs $0 (Management handles everything for their 8% monthly fee) Total Expenses $549 (should be $540 assuming the 6% vacancy reduce management fees, which is why I take vacancy out first as it Does affect the OE) NOI = $1210 Debt Service = $906 Cash Flow with vacancy assumption = $304 ($152 per door)I think that speaks volumes about how you calculate cash flow.
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1 July 2008 | 9 replies
I am getting signs out in the areas I am targeting and putting out business cards for now.
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24 July 2008 | 21 replies
During this entire process, I will be writing down numbers from bandit signsand getting business cards from every investor that I meet.
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12 January 2010 | 23 replies
Well first of all, at least in my state it's not legal for someone to charge you a percentage of the deal for their services unless they are a licensed realtor.