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27 February 2018 | 0 replies
Hi Guys,Is there someone who could please provide me with a good picture of a window with security bars and quick release, please?
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28 February 2018 | 10 replies
Part of the due diligence process is discovering what service and other contracts exist, and whether and how they may be enforceable against a new owner.The leases should be assigned, security deposits transferred, and any service agreements which the buyer does not want continued should be terminated (or dealt with somehow) as of settlement date.
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1 March 2018 | 7 replies
--So long as it is legal, an above-standard security deposit.
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14 March 2018 | 16 replies
.- Purchase price to Rent ratio = 1% minimum- SFR to start off with, would consider multi-family in future based on performance/faith in team.- Minimum 1 purchase 2018.
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18 December 2018 | 20 replies
From those one looked fairly good, well managed on the upswing as a new owner had come in and started remodeling and kicking bad tenants out. 24 unit complexList 565,000Purchase Price 535,000Gross Rent:138,000Less Vacancy(10%) 13,830Operating Income 124,470Property Tax 8,837Insurance: 6,900Management(6% after vacancy): 7,468Maintenance(6%): 8,298CapEx(6%): 8,298Water: 8,400Waste: 2,700Electric: 8,400(laundry room, hot water heaters, security camera's)Cleaning(unit turnover): 1,800Landscaping: 600Operating Expenses : 60,301Net Operating : 64,169Loan Payments(100% financing): 42,369Cashflow:21,80024 units - 16 2bedroom and 8 - 1 bedroom lofts.
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2 March 2018 | 9 replies
In CA, one must have a license to perform the activities of property management UNLESS (https://www.kts-law.com/property-management-compan...)...
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3 March 2018 | 4 replies
The other partner is securing the loan with their credit.
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3 March 2018 | 8 replies
Hello folks, I became landlord by chance and this is my first time having to go through giving back a security deposit to a tenant, so please bare with me.
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15 May 2020 | 32 replies
Get the Seller under contract (electronic signature since he is in a different state; not the most appealing or best way, but it's something as I can't secure the deal without it (obvs); get them under contract for the remaining balance + an offering I do for my pre-foreclosure homeowners - I give them 10 - 15k.
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4 March 2018 | 6 replies
Except as provided ….. and in§ 1.263(a)-1(f) (providing a de minimis safe harbor election), a taxpayer must capitalize amounts paid to acquire or produce a unit of real or personal property”See that highlighted exception, you can take de minimis safe harbor election.Work performed prior to placing the property in service.