3 November 2021 | 1 reply
Purchase Price: $369,000Rehab costs to date (Cash/0% Credit card): $22,000Additional cosmetic rehabs: $6-8kAs-Is Appraisal: $420,000 (April 2021)Current Rental Income (friend living with me): $800Mortgage: $2000Comps in the area: $490-560K but average sqft price $264 with prop size of 2450 sqft, so could be more.Rentals in the area: $2.5-2.9K a month, not including additional living space.My financing/current capital methods:Personal Income: $129,000 a year.Rental Income from above: $800Student loans: $340 a month.No other debts other than CC payments for rehab and personal debts: $12,000.Savings (does not include investment accounts, 401k or IRA): $12,000Cumulative CC Limits: over $50k.My questions include: What are my best options to get this thing to cash flow while adding as much value as possible for a refinance (pay off CC and have cash for another off market property I have in the wings).
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6 November 2021 | 19 replies
If the lease is terminated, the tenant is entitled only to a pro rata refund of rent from the date the tenant moves out and to a refund of any security deposit otherwise required by law.
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5 November 2021 | 5 replies
A lot of time son redfin, realtor, or zillow they will list the rents/lease end dates.
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3 November 2021 | 3 replies
Some are internet connected so you can add/remove them as needed (of course only works if you have internet there).
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3 November 2021 | 11 replies
If the vehicles are not removed in seven days [DATE], I will report them as abandoned, have them tagged, and tow them away at your expense.Sincerely, Your patient Landlord
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3 November 2021 | 4 replies
I tried developing several applications with actual calendars, but the tiny squares with the Day Numbers was too small for data entry and to see exactly what your task (or multiple tasks) for any specific day required the used to click on each date.
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18 November 2021 | 73 replies
@James HamlingI told my friend he should set the rent 10-20% above market with a 10-20% discount for paying before the due date.
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3 November 2021 | 3 replies
As it is right now, there’s no foreclosure date right now but the process has started.
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3 November 2021 | 0 replies
Should I have stayed in that doomsday cult that said the end was coming but kept moving out the date?
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5 November 2021 | 2 replies
There is tons of info on this here in BP and the internet in general.