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5 March 2015 | 5 replies
Vacancy is next to nothing, and rents have been consistently and quickly increasing over the last 3 years.
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9 March 2015 | 7 replies
The one thing I have consistently read and heard about them is it's a numbers game.
28 February 2013 | 4 replies
There are many flights on big planes to Cayman, unlike some other islands.3.
5 March 2013 | 15 replies
Most of them require that all utilities be turned on and have professional property inspectors on the ground who do full property inspections during an inspection period.I agree that it's crazy to think this is something that a small operation could do consistently and successfully...
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5 March 2013 | 10 replies
What exactly should these receipts consist of?
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4 March 2013 | 11 replies
You need to be consistant and have a written renatal policy, it may state 24% of personal debt and 33/36% toward rents with compensating factors.Compensating factors may be that you have a single tenant and ratios of 20%/40%, good or decent credit, no other issues and that tenant may be fine looking at the big picture.
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5 March 2013 | 4 replies
Also, you should have an attorney draft your loan docs, which will likely consist of a promissory note and a deed of trust (or mortgage).- If you'll be an equity partner, make sure you have a legal interest in the property, most likely through a legal interest in the company that holds title.
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6 March 2013 | 1 reply
This can consist of many different people, but you can get by with just a realtor that is willing to pull comps for you to determine the ARV of a potential property.
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14 March 2013 | 32 replies
All the usual chemical treatments tried were useless.I have no idea what they put down there but it was the consistency of bunker C oil.The basement was finished in the area under the sink & tearing the old pipes out from below would have caused way too much damage/cost.Finally I cleaned it out with a small $99 power washer I got from Home Depot to do other things.