What I would bet dollars to doughnuts on is that with respect to charging fees and usury issues and lending requirements, I'd say half the private deals made by those who "really do" lending on the side so to speak would not be compliant.

geez Bill, I appreciate your contribution to the many threads in this forum but for GS please shorten it down by half at least, if possible.

Around here that's 10% of the collected rent plus half to a full months rent for filling a vacancy.

That 50% thingy is a lot closer to reality than the $ 16,000 Net.Each unit vacant for one month, is half of your total expenses, without fix up, repair, taxes, insurance, reserves for major items, etc., etc., etc.

Hi all, Just getting started here, experienced real estate investor since 2002 - land speculation and flipping - North Shore Oahu, Upstate New York and West Coast of Florida (2002 to 2005). Moved to a small Portug...

For those not familiar with the area, that's about a half an hour North of NYC.

His total work on this job is probably going to run me about $1000 so this will pretty much wipe out at least half his take from this job if I make him pay for it.

You have to prove you have $250K to renovate a property that will take half that to renovate.

.: Hotel / Airport shuttle vans, etc.).Vehicles with: (1) a fully-enclosed driver's compartment / cargo area, (2) no seating at all behind the driver's seat, and (3) no body section protruding more than 30 inches ahead of the leading edge of the windshield.

The market value could be HALF of that "replacement value".