19 October 2015 | 34 replies
I don't pretend to know what it's like to have been born in one of "those neighborhoods," but I do intend to make whatever dents I can by providing housing that is safe, clean, and affordable (ie not boarded up and neglected waiting for another buyer).Like I said in the original post, I knew flack was going to come.
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26 October 2015 | 4 replies
Unpaid Principal Balance: $652,318.91Total payoff amount: $816,335.37Total interest: $98,845.47Total Amount to Reinstate good through 11/12/2015: $271,256.66Daily interest accrual: $46.22Is it safe to say that after I reinstate the loan, the principle balance will be $545,078.71 ($816,335.37-$271,256.66)??
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26 October 2015 | 57 replies
Bedrooms have to have true egress windows to be up to code (and safe).
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20 October 2015 | 8 replies
If you offered him to move out early, it should have been in writing and signed by both of you and it stated by X date the tenant relinquishes all rights to enter the property and giving it back to the landlord.To be safe, perhaps you start the eviction process today.
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21 October 2015 | 6 replies
I will say the most gas appliance today are very safe to use and not like it was years ago.
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25 October 2015 | 4 replies
If you have the chance to add a bedroom or bathroom....I'd say go for it......Most homes increase in value when you add a Bedroom or Bath.....Here's my list of priority renovations when updating/rehabbing1) Kitchen and Bathrooms2) Bedrooms3) Living spaces (Living room, dinning room, den)4) Curb Appeal / Landscaping5) Windows.....yes believe it or not windows are a big plus 6) Upgrading or new flooring 7) Finishing a basementThose are the big ones.Don't forget to add your costs to the ARV to get your NET ARV......I use 10% to be safe, others use 7-8%.....so if the ARV is $300K......use $290 as the Net ARV.
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28 January 2016 | 5 replies
The owners can seller finance to you but you not allowed to seller finance to others due to the Safe Act and Dodd-frank.
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21 October 2015 | 4 replies
Educate your tenants and tell them they must move the grill to a safe location.
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23 October 2015 | 5 replies
Ballpark it at $40K to be safe.
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19 November 2015 | 15 replies
If you invest in solid cash flow and purchase your property at a discount, you will be safe no matter what.