
8 August 2011 | 17 replies
I tend to agree with you Ed, I find it hard to imagine any roofing contractor would be able to guarantee 100% that every nail has been removed from every flower bed, yard, driveway and sidewalk of every job.

8 August 2011 | 37 replies
The Fed issued the following statement, basically giving S&P the big FU:"For risk-based capital purposes, the risk weights for Treasury securities and other securities issued or guaranteed by the U.S. government, government agencies, and government-sponsored entities will not change.

23 January 2012 | 7 replies
(e.g. new roof).Can Loan directly to our LLC with personal guarantees (this personal guarantee does not show up on personal credit report until you default).

11 August 2011 | 8 replies
He has exactly the same Mk 1 Mod 0 standard issue eyeballs I do, and I can guarantee I've renovated more houses than the standard issue inspector.

14 August 2011 | 11 replies
In terms of drops I am not talking every 30 to 60 days.I am talking every 3 to 4 days or 1 week max.If this was a property needing a bunch of work I wouldn't overprice it when listing it.If the seller wasn't realistic I wouldn't list the property.I have over a thousand investors in my database built up over the years.It is guaranteed that when I take the listing only when priced right and market it I will not need a wholesaler.I will easily land a direct investor or buyer for purchase.The more people you have in a chain the more complex the deal gets.I like to keep it simple,control it,and close it.The point I was making before is if a property is listed at 80,000 and the investor offer is 40,000 then for the seller simply reduce 1 to 2 times every week until an offer comes in.It doesn't do harm to list it a little high to start out for the first week or two but then you have to reduce ahead of the curve to sell quick.Banks do this all the time.When I list a commercial short sale it is very rare for a bank to take the first offer.If I have it listed at 400,000 and the payoff is 1 million.I might get 5 offers in.One at 380,420,460,540,410 etc.That market value isn't the loan balance but what current sold comps are.By the asset manager reviewing price and terms of each offer and the net the bank sees that the property has had full exposure and here is the top of the value they can extract for the file.The asset manager then shows the supervisor,director etc. to get final approval.While it is true a seller has holding costs they have to weigh the price offered versus what they could get if they hold out a little longer.Banks sell thousands to tens of thousands of properties a year so they know how to extract top dollar for a property.Sometimes you get lucky and land a new asset manager or buy at the right time of the year when banks want to dump the property.

8 September 2011 | 1 reply
Now, if they just grabbed their stuff and moved without so much as picking up a broom or sponge, then they would be charged for cleaning commensurate with what it cost me to get the place rent-ready again.I imagine if you place a standard cleaning fee into your lease and the tenant realizes they're paying for it regardless how the place looks like on move-out, then I guarantee they're not going to pick up that broom or sponge and just leave it as is.I rather give them the option.

18 December 2018 | 11 replies
You are guaranteed to see Wildlife and I've never been without seeing multiple gators.
2 December 2008 | 46 replies
An "FHA" loan is a loan guaranteed by the Federal Housing Administration of the United States Department of Housing and Urban Development (HUD) through its "mutual mortgage insurance" program.

13 February 2009 | 21 replies
If you've read any of these threads, you'll note that this is not a hard and fast RULE purported by this website, but a guideline that some of its members use to determine a property that is guaranteed to cash-flow.

16 January 2009 | 11 replies
Even if rents keep pace with headline inflation that doesn't guarantee that rents will keep pace with expenses.