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17 February 2020 | 1 reply
I am mostly concerned with making sure each of our trades are staying within our contracted time frames in order to make sure jobs get completed on time.Thanks!
25 May 2018 | 2 replies
I have looked into adding my name to the deed as joint tenants, or tenants in common but my biggest concern is that if anything were to go wrong (e.g. while renting it out), my dad’s name would still be on the deed and therefore still partially liable (I would like to assume full legal liability).
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29 April 2018 | 3 replies
I understand market concerns as well as standard marketing methods, but I am really wondering if anyone has done any effective, outside-the-box marketing that has helped them sell their flip property.
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27 April 2018 | 2 replies
Is this a legitimate concern if I've been on the deed the whole time?
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28 April 2018 | 11 replies
Otherwise, I'd be concerned that something like this could be missed.I don't doubt there are tenants with the chutzpah to have their utilities turned off, whether on purpose, because they were going on vacation, due to nonpayment of their bill, or some other reason one could never anticipate.I like the idea of having the utilities automatically revert to my name, I'm just concerned about something going wrong.
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15 May 2018 | 26 replies
Good information and definitely a concern.
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30 April 2018 | 20 replies
My other concern is cap rates are relatively low between 6% and 8% max (cash on cash).
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3 May 2018 | 3 replies
PM me the address, I'll tell you if you have a case.
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2 May 2020 | 2 replies
Utilities are generally public and you can call them to get averages, taxes are public as well and can be pulled either from a assessor website or at their office, insurance companies can give you cash value and replacement value quotes by giving them an address, general rule for running calculations for vacancy is 5-10% of gross income, I have seen maintenance expenses all over the map (anywhere from $300-750 or a % of the rent - those vary depending on the number of doors in the deal as well as how much deferred maintenance has to be dealt with or how much rehab you are going to do to negate the deferred maintenance), contracted services, call a few landscapers and get quotes and use those for your analysis.
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23 June 2018 | 22 replies
Post the addresses & numbers....Let's see what you have.