12 April 2018 | 9 replies
Rob,I have been seeking the same answer, but I am curious with some specific variables.How quickly can you refi a cash property in rentable condition with renters, by someone with excellent credit?
7 February 2016 | 8 replies
It will really depend on the condition.
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11 February 2016 | 12 replies
But we also have agents over the states, nationwide and other neighboring countries as you can chat and (SMS) with them.WEBPAGE: Here is Mr Kevin Petersen who just got a loan from us few days ago, you can contact him for more preference via emailIn attachment is the LOAN TERMS AND CONDITIONS, kindly get back to us if you find it acceptable by you.
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9 February 2016 | 5 replies
Some of the properties I'm analyzing need light cosmetic repairs and some are in rentable condition with no work needed.
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14 February 2016 | 8 replies
Abha,It appears that the decline in oil prices has already caused all the leading indeces and economic conditions for the Houston market to slow.
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8 February 2016 | 6 replies
Example:I believe House A would sell at a fair price for $100k if rehabbed, $110 in some dream condition, and $90k if the seller wanted to be rid of it immediately.
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8 February 2016 | 4 replies
Don't give money to a landlord/prop mgr or anyone without getting some type of written form/receipt explaining why you are giving money and what the conditions are.
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8 February 2016 | 7 replies
If you do decide to keep them, raise the rent slightly (unless you already have, and/or are at market for the condition the apt was in when they moved in), get the repairs done to insure habitability, and give them a deadline and a cost for replacing the AC filter ('replace AC filter by x date or we will do it and charge you $y as added rent' assuming your lease allows such).
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20 February 2017 | 19 replies
Property Taxes: $5,100/yrNot sure what kind of interest he's looking for but we did some number crunching and at a 3% rate we were able to figure that with $2000 payments to seller we could be making between $500-$600 not including minor repairs (obviously that depends on the actual condition of the house but these numbers are just a ballpark).
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10 February 2016 | 4 replies
Hi Scott,There isn't a whole lot of information to work with in your post without knowing where the home is located (to see if your rent estimate is good), whether the maintenance cost is reasonable given the age/condition of house, etc.The two main questions I'd have on the info you did provide are whether you're accounting for vacancy, utilities, and property management costs, even if you're initially expecting to self-manage.Regards,Mike