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29 October 2021 | 9 replies
My tenant complain about every little things from noise I have given notice in advance 1, How do I approach to their complains 2, What is the appropriate time to start the builder to start working in morning 3, I put HVAC on garden unit and 1st unit so radiators were removed. 1st unit tenant wants their floor fix on radiator site ASAP.
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29 October 2021 | 1 reply
He is approached regularly with strong opportunities around the country.
22 November 2021 | 6 replies
Add in GC overhead profit, soft costs and you could be approaching $250-280/sf.
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4 November 2021 | 4 replies
I was approach by her from an acquaintance and thought to give her a chance to sell one of my residential home.
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11 November 2021 | 8 replies
There are products specifically for rentals, but I feel like using this approach will work best for me in the long run as I grow because its generic and I can get any bookkeeper to work for me.
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1 November 2021 | 20 replies
most lenders will utilize the schd E rental income average method for including rental income for qualifying ...if the proeprty is recenlty purchase the vacancy factor approach is used
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30 October 2021 | 3 replies
Especially w first few deals, the sweat-equity partner may only contribute 30% of value, so 30-70 is the arrangement, especially if it's a short-term JV...I think we hear the 50-50 talk from established investors who have built a long-term relationship w investor-partners.Yes, we could get into the minutiae of tracking the dollar-value the "worker" brings to the table over time, which I guess is the spirit of the "mini-mortgage" approach: Estimate the value of their sourced-deal if wholesaled; set an hourly wage for office-work/time spent renovating; charge a leasing fee for tenant placement and 10% of rent or whatever each month for PM moving forward...
30 October 2021 | 14 replies
I like this approach as its the slow and steady method to meet my goals.
2 November 2021 | 45 replies
Countless people out there just watching some youtube videos and think they can just "get rich quick" from wholesaling.
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2 November 2021 | 33 replies
They may just use income approach or the bank may do their own appraisal since the bank will likely hold the loan.