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17 May 2013 | 2 replies
Has anybody else used this method?
9 February 2012 | 1 reply
A house 7 doors down, in same quality/age/shape but only 1600 sqft sold less than 90 days ago for 133,500.
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10 February 2012 | 6 replies
We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.
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15 February 2012 | 25 replies
Texting is the preferred method for both of my tenants.
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11 July 2012 | 12 replies
The cost is built in somewhere to what they are doing.We get landlords offering free rent here for 1 year.The rent isn't free on commercial as they then have year 2 at a higher than normal rate to recover some of the lost rent and then built in escalations that are higher and more frequent than normal.Never get sucked in by a gimmick.I tell all my clients to be slow and methodical in doing a deal to avoid "knee jerk" reactions.It takes a long time to make money and a small amount of time to lose it.You also have to watch out for if they are in pre-foreclosure or not.They could be trying to collect an upfront payment with free rent and then walk.
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12 February 2012 | 23 replies
If you use the 50 percent rule, which is probably about as accurate of a crystal ball as any other method (and will still not hit the mark on many individual years) then, of your gross rents you would have 1050/month to count toward your debt service (principal and interest) and the remaining toward your cash flow.So, I can't tell what percent of your PITI is T&I, but I would guess it is around 300/month.
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26 February 2012 | 5 replies
I believe the quality of mobile home HVAC are not the same as SFR so thats why it is cheaper.
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17 October 2012 | 55 replies
Through affordability, special financing, and intelligent marketing our high-quality services will be accessible to all real estate improvement projects, allowing us to become the premiere contractor of the Carondelet neighborhood.
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13 February 2012 | 1 reply
A dutch auction is the most popular method I have heard of.
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21 February 2012 | 13 replies
If you have a penchant for drinking and driving and intentional torts then you will probably need to explore the entity route but with an increase in coverage and policies you can probably cover the risks wished to avoid in the most cost effective method.