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22 November 2012 | 11 replies
If it's a bigger job ask for an itemized estimate, and have a penalty for not completing on time except for weather conditions.
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10 October 2012 | 8 replies
If you are going to pack 20 mobiles together like that, it will have to be pretty close or actually in town to appeal to the person who would choose such a living condition - just an assumption.
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31 May 2012 | 13 replies
It's in great condition, has been remodeled, and it's collectively rented for $2350 per month for years.
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4 June 2012 | 20 replies
You can tell him that the lender can push that condition to closing and just sign at the closing of the deal.
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1 June 2012 | 4 replies
Because of the condition I haven't been inside to see how much it may cost to rehab, but i do know that 11k is owed for city taxes and 8800 is owed for county taxes.
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31 May 2012 | 6 replies
I was thinking along the lines of like a lawyer on retainer kind of deal but not sure if that is feasable.
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31 May 2012 | 6 replies
I want to check where my head is at after owning 6 properties and putting over 100 offers in over the past year.1,100 sq ft 3/1 house in a nice neighborhood built in 1960Purchase price: $42,000Borrow $35,000 @ 5.5% 15y$3,000 for clean up and repairs$10,000 cash investmentProformaRent $900 a month = $10,800 a yearMortgage $286 a month = $3,432 a yearTaxes $100 a month =$1,200 a yearInsurance $100 a month = $1,200 a yearI know there is unexpected vacancy costs, maintenance costs, lawyer costs etc...
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2 June 2012 | 7 replies
If your insurance coverage is high enough, lawyers won't bother going after personal assets because it tends to draw things out.
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10 July 2012 | 7 replies
HUD does an inspection called a PCR (property condition report).
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11 June 2012 | 5 replies
They won't likely do it, but this puts them on notice that it needs it and their price is laughable. 2) Nobody will buy it at that price and condition so wait until the building collapses and then offer to buy it.