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13 June 2012 | 8 replies
If you do not have a clause, I would still send the letter and state this is a concern and may result in a canceled contract since you can not fairly evaluate the property.Typically, 2 years tax returns, last two years financials including income and expense and balance sheet at year end along with current rent rolls showing unit, tenant, rental amount and start date along with year to date income and balance sheets are include in due diligence material not just tax returns.
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4 June 2012 | 5 replies
The price I pay after repairs are completed is the "fair market value" which is also the "retail value" since it was a retail transaction.
30 June 2013 | 14 replies
Yes, you can refi fairly quickly, as long as the "value" is the appraised value or the price you paid, whichever is lower.
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6 June 2012 | 2 replies
Just a bunch of random things really, but it was all beneficial, in my opinion.PRESENT:I save about 38% of my take-home pay, which will be used as my initial investment capital once I’ve saved enough.
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5 June 2012 | 2 replies
Keeping occupants in the homes is sometimes a hedge against the property being vandalized or squatters moving in and can keep the home in general fair condition with people there opposed to nobody thereThe statement of possession is a CYA for them.
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7 June 2012 | 17 replies
I feel like I actually got real value from exactly one of them, and that was mostly a bunch of contracts.
12 June 2012 | 8 replies
SFRs also have the advantage of being able to sell fairly easily if you decide you don't like this business.
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11 May 2013 | 8 replies
I am fairly certain it is the first criminal offense for anyone under the roof of the home.
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14 March 2014 | 6 replies
I mean, hey, it's a bunch of garages, right?