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22 August 2016 | 7 replies
Andrew You have to factor things like:- vacancy- property management- repairs and maintenance- replacement reservesin addition to the usual PITIA (Principal, interest, taxes, insurance and assessment).
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23 August 2016 | 2 replies
• Addition costs (additional bedroom, bathroom, etc.) per square foot?
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23 August 2016 | 5 replies
Additional info: $5000 profit for me and selling to a flipper with a $20k minimum profit.
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23 August 2016 | 4 replies
In addition, I am currently studying for my CPA and I am considering what area I plan to be a specialist in.
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23 August 2016 | 5 replies
I was hoping to find something very clear online about what it actually means more specifically, but am having no luck.So normally, under that standard languaging, if consent is requested to assign a commercial lease, does "performing a standard screen/background check on the new would-be tenant, as if it were a completely new application for an unoccupied space" count as something I can legitimately do?
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24 August 2016 | 9 replies
If you are wanting to add more properties, it probably makes sense to pay the regular payment and save additional cash for other opportunities.
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26 August 2016 | 11 replies
An all cash, no loan transaction).For this reason, I calculate both cash on cash vs. total yearly return on my out of pocket money (which includes the down payment).Also note that usually you pay the first month of the mortgage in addition to the down payment, plus the whole of the insurance and (some) taxes at closing.
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27 August 2016 | 23 replies
Do I have any grounds to demand the seller perform?
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23 August 2016 | 0 replies
Not working more hours than that (750) for any other income.Then I realized that when managing multiple properties there are additional rules and to get around it one can permanently elect to treat them as one but then it could fire back when selling one of the properties... and then I am lost.Can you recommend prescriptive guidance on it?
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23 August 2016 | 1 reply
Happy to provide additional information as needed.