20 October 2018 | 16 replies
Is the 3500 fee an origination fee, processing fee or what.
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27 January 2019 | 24 replies
If I remember correctly, the trustee sale fees were fixed or capped by the state.
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20 October 2018 | 0 replies
I've read different story about franchise fee (some said we have it, some said it was changed).
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21 October 2018 | 4 replies
I really like Equity Trust and Quest IRA as providers of a SDIRA, but they both charge a fee based on the amount of money you have in the account - essentially penalizing you for growing it.Are there are any reputable SDIRA providers that charge per transaction, instead of by asset size?
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22 October 2018 | 5 replies
If the development is poorly ran the monthly condo fees rising and special assessments could get extremely expensive and you have little to no control as a minority owner in the building.Some investors try to control the board by buying up a majority of the units.If you use a broker or agent make sure they specialize in condo's if that is the way you want to go.
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23 October 2018 | 2 replies
Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)
21 October 2018 | 0 replies
Good day to whom this post may concern, im in the process of putting a property under contract to wholesale or collect an assignment fee once I assign my interest to my end buyer.
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22 October 2018 | 1 reply
My problem is that he says the security deposit is $1,420 which includes first 2 month's rent & holding fees which will be refunded if I don't like the place, which is fine.
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22 October 2018 | 3 replies
Assuming he plans to flip the property after a 6 month rehab I anticipate he will make approx $50,000 - 75,000+ after selling/closing fees.
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26 October 2018 | 4 replies
We came to an agreement at $400k no fees, no repairs and the house was sold in 14 days.