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27 August 2018 | 4 replies
Good ones are hard to find right now, and like to charge a bunch of money!
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25 August 2018 | 16 replies
not one or two.and I know others that got criminal charges and ended up in jail as there business model was to get into title never pay on the first and rip the rents until the bank took the home..
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25 April 2019 | 8 replies
Thinking about it now, they can tune points charged and the rate to achieve a similar result to account for paying off the note early.
24 August 2018 | 5 replies
More of a safety-net in my eyes, in-case something unexpected happens or plans change before I move to the next property.
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25 August 2018 | 2 replies
The seller told me it's the best one they have found.I've not really looked into property managers.This is how they work.They get 1/2 of first months rent for a new tenant and charge 10% of the monthly rent.They hold the rent until the last week in the month and then send it to you.
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25 August 2018 | 4 replies
Here are a few for you:Pros- Online account access- Online payments- Prompt responses to e-mails and voicemails- Good criminal background and credit checks- Actually calling past landlords, employers, etc.Cons- Charging a credit card processing fee- Lack of advertising (e.g. only posting the rental on the company website)- Lack of communication during vacancies (e.g. not providing me with updates on repairs, tenants applications, etc.)- Only using in-house maintenance (e.g. if your one guy can't get to something for a couple weeks then hire a contractor)
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28 August 2018 | 22 replies
Hi Jaron,I am actually charging lower than market rent by $100-$200 and the rent in Orange County isn't likely to go down but either stay the same or go up as more people can't afford the high house prices here.
27 August 2018 | 12 replies
I analyze the property, and estimate rehab costs (with inspectors and contractors), add a buffer for unexpected repairs, as well as an ROI comparison of setting the property up as a rental vs. selling the property.If I am ONLY presenting the deal to the investor, meaning I am NOT buying the property myself or setting up any type of assignment, just "connecting" the investor to the property and running the numbers.
24 August 2018 | 0 replies
I analyze the property, and estimate rehab costs (with inspectors and contractors), add a buffer for unexpected repairs, as well as an ROI comparison of setting the property up as a rental vs. selling the property.If I am ONLY presenting the deal to the investor, meaning I am NOT buying the property myself or setting up any type of assignment, just "connecting" the investor to the property and running the numbers.
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31 August 2018 | 6 replies
Apparently there is no fee to me and they charge the buyer, when, I don't know.He said they treat the property no different than a rental and at 18 months they have the option to buy.