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11 September 2018 | 23 replies
I had to go through the process of signing a new lease, meeting the existing tenants, doing repairs, enforcing rent payment rules, violations from code enforcement and finally an eviction.
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9 September 2018 | 3 replies
I have vertical blinds in my rentals but I’m tired of the maintenance/repair/clean up after every tenant.
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9 September 2018 | 1 reply
You have no expense for insurance, repairs, vacancy, or HOA this is a townhome so I am going to assume it has HOA.
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24 September 2018 | 17 replies
Most of the people that you will get on the phone will not know tax law and filing obligations.
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1 December 2018 | 13 replies
On turnkey I am offering around 80-85% on the comp and on the fixers I am offering 60-65% of list which equates to about 75% of ARV with repair costs included.My struggle is that I know I can cash flow at List price.
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9 September 2018 | 2 replies
No phone number though.
9 September 2018 | 8 replies
Also need to remember, most buyers have a home inspection done and then can come back asking for additional money towards repairs etc.
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10 September 2018 | 12 replies
Once you have made it, it will take you seconds to see if the numbers are correct for you to proceed.Spreadsheet can be run on your phone, tablet or computer.
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16 September 2018 | 10 replies
Maybe jump on a phone call in the near future?
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10 September 2018 | 1 reply
This one is easier as there's natural gas lines and I can just convert it over but still pricey ($5-7k)The seller doesn't have the funds to make the repairs so I'm trying to find a way to make this deal happenWithout getting bids, I'm estimating about $15-20k for rehabbing these items (FEEL FREE TO TELL ME I'M WAY OUT TO LUNCH)....this is on top of the $5-8k I budgeted to put into the interior.I'm not a flipper and was looking at this as a buy and hold cash flowing property.Looking where to go with this one:A) Reduce offer by $15-20k to $155k- Cons: I'm going to have to find a loan as I need my capital for other purchases in the hopperB) Reduce to $160k and get $5k in closing help- Cons: I'm still going to be out of pocket but b/n closing help and reduced downpayment would be able to get most of the work done and just put the rest on a credit card and use the cash flow to pay it down over the next 12 months.C) WalkD) Other options???