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Results (10,000+)
Rich Somers Negotiating 3rd Party Laundry Vendor for Multifamily?
19 February 2020 | 23 replies
I've been trying to figure out if this is pretty standard
Susan Tan Is there a max limit you can cash refinance a paid off property?
13 January 2020 | 7 replies
Every bank has different lending standards.
Griffen Angel Difference in cash-on-cash between single and multi-family.
13 January 2020 | 1 reply
By multi-family, I'm referring more to duplexes, triplexes and fourplexes, as opposed to larger apartment-style propertiesMy understanding is that 8-12% cash on cash is considered standard or good, but is this more for SF or MF, or does it include both?
Samuel Fletcher Hardy How to break a lease?
16 January 2020 | 13 replies
All told, you'll lose two months of rent income or more.Tighten your standards.
Nick Ruffini Getting a better understanding of IRR
15 January 2020 | 3 replies
For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.
Dexter Tiggs Fresh out of prison
20 January 2020 | 6 replies
Hopefully your credit is doing ok, if not that's probably step 1. 5 years + 2 years = 7 years = there's a good chance debts owed prior to incarceration may have fallen off entirely, meaning you might have "thin" credit rather than "bad" credit, in which case you can just google "how to establish credit" for guidance there, going from "thin" to "established" can happen pretty quick.Two years of employment history is a fairly standard requirement.
Danny Puchalski Landlord Requiring Repairs in Lease
15 January 2020 | 5 replies
It all seems pretty standard, but he's adding a clause about tenants being required to pay for all repairs under $100, regardless of what the repair is.
Roemello Lee FHA loan requirements
15 January 2020 | 2 replies
This appears to be a standard requirement for lenders. 
Ben Leybovich Furnished Units in an Apartment Complex
26 January 2020 | 10 replies
Which means we need to build out the internal infrastructure separate and in parallel to the PM.
Justin Stetson Stress, overwhelem and Hopefully
16 January 2020 | 1 reply
Internal battle that I am having.