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Results (10,000+)
Andrew L. Does this Duplex Deal Work?
19 November 2013 | 2 replies
If you apply that 50% thingy "rule" it doesn't look so hot...
Gregory London 4plex roof ventilation question.
17 January 2014 | 6 replies
Hello all, I own a 4plex in Louisiana and I know it has 4 vents on the roof, but the vents don't have a protected cover going from the upstairs bathroom out of the roof.So I think the vents just suck up the hot air and it seeps out at any one of the combined 4 vents.Question: Is this normal in a 4plex or should there be a tube the air goes up?
Sam Leon Amazon delivery drones, move over!
7 January 2014 | 1 reply
It even prints a hard copy and spits it out of it's belly for the visitor to take home their copy.Agents can use drones to turn on lights, air conditioning, light a scented candle, music before a client visits.When the grass is too tall the drone can even mow the yard.That sounds more realistic and reachable then delivering octocopters.
Corey Dutton Mounting Compliance Costs Eating Up Lender Profits
6 December 2013 | 5 replies
Here are some thoughts.Production averages of 2.5 loans monthly per originator is the way I read that, if my loan officers only pulled that a month they wouldn't have desk space, 2 per week was the goal for each originator, that wasn't always met by all, but that was the goal, but at 5 a month they had a problem.The numbers per loan profits and expenses should be examined over the same quarter of the previous year, otherwise you're comparing the hot production months of summer to the spring as markets begin.Note the expenses went up about 500 bucks between quarters and there is a high cost of origination.
Jarred Black I Need Advice on Seller Financing to Acquire a Rental Property.
6 December 2013 | 3 replies
The house does need a new hot water heater, outdoor A/C unit, stove, refrigerator, carpet and paint, and some cosmetic upgrades = $3500-4000.
Trevor Lohman Is Southern California really that bad?
5 December 2013 | 80 replies
So if you buy in the not-so-hot areas where properties are 'more' affordable, you are likely going to have a higher risk of not-so-hot tenants and then because of the laws they could end up costing you a fortune.Welcome to SoCal.
Jeremy Williams What deals have you picked up with conventional financing?
9 December 2013 | 2 replies
Section 1 items to be cleared and any Section 2 items that may be a health and safety issue are also to be cleared, otherwise property is ineligible for financing.and...10. 1004D: WATER HEATER DOUBLE STRAPPED IN UNIT C/AIR CONDITIONER FASTENED IN WINDOW IN UNTI C OR REMOVE AS WINDOW DOES NOT CLOSE / FLOORING INSTALLED IN BEDROOM IN UNIT C, MOLD REPAIRED IN UNIT D.
Account Closed Marc Mousseau
19 March 2015 | 18 replies
Tabatha L.Those ratios and indicators - along with others - all provide insight, but you need to understand how they all inter-relate and know that many of them (perhaps all) can give you false security ... especially in isolation.For example, we recently looked at a property whose GRM was just over 6, but the operating expense ratio (operating expenses / gross revenue) was over 70% (the annual heating & hot water bill was ~1/3 of the gross revenue).Cash-on-Cash (CoC) return of 35% is all smiles, but not that common in the real world.
Scott C. Making handyman pay for leak repair
29 December 2013 | 29 replies
I'll assume changing out an air handler and outside unit.
J. Martin Using range of expenses in your profit / ROE estimates?
6 January 2015 | 57 replies
With floods of deposits and few investment options besides loans that yield more than a percentage point or two (coupled with a hot local CRE market in Silicon Valley/South Bay), banks are fighting each other over lower-risk, variable-yield assets..