Thomas Harr
Best way to invest in a hot market
14 September 2017 | 4 replies
Do you recommend buying these lists from lead services that provide the addresses for absentees, etc?
Robin Edwards
Flood, or not to Flood, That is the Question!
16 September 2017 | 4 replies
Another weirdness that you may or may not face...many of the homes were continually having big wet spots appear in/on the slabs, hundreds of people, were calling leak detection services, thinking an underground plumbing leak was causing these mystery wet spots.
Steve K.
Operating Agreement to share?
16 September 2017 | 6 replies
I won't turn away a potential client if I see that they will be using our services again.
Michael Eng
Camera Installation Expert, NYC. Free Mobile App, no monthly fee
14 September 2017 | 0 replies
This is in addition to our around the clock tech support Most importantly, we do not charge any monthly service fees or force you into long-term contracts.
Allan Rosenberg
Patch of land rate of defaults and return of overdue funds
20 May 2021 | 63 replies
I cannot find out whether the loan is actually going to be defaulted on.The customer service is horrible so my advice - STAY AWAYFinally, my email to them is marked SOLVED as if to say that they adequately and fairly answered my questionI am just glad that I limited myself to the one small investment
Michael Eng
Camera Installation Expert, NYC. Free Mobile App, no monthly fee
14 September 2017 | 0 replies
This is in addition to our around the clock tech support Most importantly, we do not charge any monthly service fees or force you into long-term contracts.
Lisa Bradshaw
xome.com auction - is this a scam??
15 September 2017 | 4 replies
Titles get transferred between banks and servicers during the foreclosure process, just after, etc. all the time.....no biggie.
Carlo Michelotti
Need so much help analyzing cash purchase of 2 or more properties
15 September 2017 | 3 replies
One-time Expenses$1000 - Acquisition Costs (minor rehab, legal, & inspection)Annualized Expenses10% Gross Annual Rent - Vacancy Costs (turnover & lost rent)10% Gross Annual Rent - Property Mgmt (standard)$1176 - Repairs & CapEx ($1 per sq foot for tpical property)$1516.46 - Property Taxes (5 year historical average for typical property + 10%)$1000 - Property Insurance (a nice round number: seller reported that he paid $708/mo for one duplex)$27 - Water & Sewer (average across several properties from last month)$0 - Gas, Electric, HOA, Snow Removal (tenant pays or not applicable)$60 - Lawn Care (I made this number up)COMPARATIVE ANALYSIS:This is my analysis of the five properties that are being negotiated right now, listed from best to worst.Property Alpha (two-flat)$1250 - Income, Monthly (actual)$567.37 - Expenses, Monthly (estimated)$42,000 - Price, Signed Contract36% - Cap Rate (Annualized Income / Price)16.6% - ROI, After Tax (annually, assuming 15% income tax)6.0 Yrs - Until this property pays itself offProperty Bravo (two-flat)$1100 - Income, Monthly (actual)$537.37 - Expenses, Monthly (estimated)$42,500 - Price, Signed Contract31% - Cap Rate (Annualized Income / Price)13.1% - ROI, After Tax (annually, assuming 15% income tax)7.6 Yrs - Until this property pays itself offProperty Charlie (duplex)$1075 - Income, Monthly (actual)$532.37 - Expenses, Monthly (estimated)$55,000 - Price, Informal Discussion23% - Cap Rate (Annualized Income / Price)10.7% - ROI, After Tax (annually, assuming 15% income tax)10.3 Yrs - Until this property pays itself offProperty Delta (SFR)$875 - Income, Monthly (actual)$492.37 - Expenses, Monthly (estimated)$48,000 - Price, Informal Discussion22% - Cap Rate (Annualized Income / Price)8.8% - ROI, After Tax (annually, assuming 15% income tax)13.6 Yrs - Until this property pays itself offProperty Echo (SFR)$770 - Income, Monthly (actual)$471.37 - Expenses, Monthly (estimated)$62,500 - Price, Informal Discussion15% - Cap Rate (Annualized Income / Price)4.1% - ROI, After Tax (annually, assuming 15% income tax)24.4 Yrs - Until this property pays itself offNotice how the price keeps going up?
Kevin Lefeuvre
Marketplace Standards Violation: VRBO/HomeAway keeps messing up!
15 September 2017 | 10 replies
My role was as a Customer Service Manager.
Jordan Puffer
Structuring Owner Financing
14 September 2017 | 2 replies
The best terms start with you What can the property support in debt service ?