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18 July 2014 | 4 replies
A couple of months ago a storm came through and damaged a roof on one of my houses, we got the roof fixed immediately but it had caused a portion of the ceiling in the living room to cave in.
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17 July 2014 | 17 replies
. $500 (rounding high for easy figure, based on GFE from bank a little bit lower)HOA- $340/month, just updated by HOAInsurance- $271/year or $22/monthRent- $950/month$500+$340+22=$862/month in total costs, so $1,000-$862= $94/month cash flowMy thinking could be nieve, but I just believe that I will never have to pay for new roof, damage to the property (outside), lawn care, pool maitenance, etc.
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19 July 2014 | 3 replies
Physically in between the entrances to those is a stairwell that leads to 6 apartments on the 2nd and 3rd floors.
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18 July 2014 | 13 replies
I am just looking for some guidance on how to physically get the seller financing in place and a legal note created.
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4 December 2016 | 17 replies
my situation right now is i do all the legwork. my realtor and i find the properties. we walk the properties and come up with a rehab price. the deal is given to the investor, and if he likes it he buys. he then deposits the rehab $ in my account, sometimes in increments if its a larger flip. the property gets sold. i get 10% of profits. only other $ i make on the deal is if i have time and do any of the physical work, then i can pay myself.walking anywhere from 10 to 40 properties a weekarranging and making deals with suppliers and workers to keep costs downtaking responsibility for project getting done for the amount i quoted it to bei wouldn't consider doing it for a nickel less than what i am right now, and often times that isn't enough.
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26 July 2014 | 8 replies
Occasionally a tenant has done some significant damage, but so far nothing that was insurmountable.We put an emphasis on offering good rental units (B & C), maintaining them well, establishing keen rental criteria, thorough tenant screening, a strong rental agreement, clearly discussing every aspect of the rental agreement with the tenant before we hand over the keys, establishing and maintaining good relationships with tenants, good relationships with neighbors who will alert us as needed, a good relationship with local law enforcement, regular property inspections, swift follow-up to rental agreement violations, sufficient insurance and a sufficient reserve fund.We stand behind our mission statement: "We strive to provide safe, clean, affordable, comfortable, and quiet housing for responsible renters in the neighborhoods of West Vancouver."
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30 July 2014 | 5 replies
For years the insurance industry have used firefighters to "bird-dog" properties that are damaged by fire.
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3 August 2014 | 19 replies
I am in the note industry and looking to do more with the physical properties as well.
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27 July 2014 | 2 replies
The only information I am getting is from the EzLandlordForms website that says:"California Civil Code requires the landlord to mitigate damages if a tenant needs to break a lease early.
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29 March 2015 | 17 replies
Also, as @Marcia Maynard mentioned the damage could easily end up being more than that if the tenant leaves in November.