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3 March 2020 | 14 replies
Yes, in cases where a property cannot be divided between co-owners, a court may order it sold and the proceeds divided.
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4 March 2020 | 9 replies
If you get a good case worker sometimes they can leverage compliance with threatening rescinding the voucher.
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14 March 2020 | 7 replies
If your are truly passionate, you will rise to a level where you will be making good deals, big deals, life changing deals, put the mature card in the game and trust your hard enough of a worker or smart enough to know one day another good deal will appear that only you will see.
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7 June 2020 | 12 replies
This is not a co-mingled tenancy by gender situation.
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6 March 2020 | 0 replies
Investment Info:
Single-family residence fix & flip investment in Denver.
Purchase price: $409,000
Cash invested: $61,000
Sale price: $542,000
Mid-Century Modern with huge yard. Lots of cool...
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19 April 2020 | 4 replies
Here is alink to play with the numbers:https://homeguide.com/costs/co...
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9 May 2020 | 8 replies
We are now one week into the rehab as I type this.Current BRRR Numbers:Pre-closing Costs: $2,740Plumbing inspection (because the house needed to be dewinterized, $150)Home inspection ($525)Appraisal ($655)Electrical inspection (because power was off on the day of the appraisal, $150)CO and Smoke Alarm ($366.57)CO and Smoke inspection ($52.50)Rehab consultant ($840)Kitchen Appliances: $2,000 (estimated)Plumbing: $7,300 (estimated)Oil tank ($1,800)Water heater ($1,000)Chimney liner ($2,000)Re-piping as needed ($2,500)General Contractor: $32,000Roof replacementDrywall patching and painting of entire house (trim, wall, ceilings)2nd floor bathroom spruce-upClosing exterior door in master bedroom and finish sidingBuilding two closets in two bedroomsBroken window repairsWindow frame repairsScrape and paint area over bulkheadFinish floorsRemove and dispose drywall from basement spacesRear deck repairFront steps repairInstall handrail to basementFoundation masonry repair and paintingRepair cement stepPatch area of exterior trim near kitchenPatch two rotted window sillsCap extra basement doorFill in dining room windowAsbestos: $1,500Electrical: $2,000 (estimated)Closing Costs: $3,733Home Purchase Price: $149,000Total All In: $200,472Expected ARV = $250,000 (initial appraisal for rehab loan came in at $235,000)Amount I have invested in the deal = $50,000Expected Cash Out at 80% = $50,000The situation is still very fluid, as we still have at least three more weeks of the rehab in front of us, but the numbers thus far are still looking promising, despite all of the surprises.
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6 March 2020 | 0 replies
Initial tenants were all students, so I used a co-signer agreement for parents to protect against non-payment.
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8 March 2020 | 7 replies
Just work with the case worker of the tenant call section 8 and find out who the case worker is for the tenant is , get their email and phone number , they will help resolve the issue , know that some of the section 8 programs are pretty tough on tenants they may end up loosing the voucher if they don't comply with certain rules.
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20 March 2020 | 3 replies
I've been throwing cash at my debt for 2 years so I have 50k in credit available to me, but it seems I should have putting that cash aside all that time instead.One way to get around it is to add a co-owner to my llc which I could do but then we both have to file federal taxes on it right?