Total rental income X .75 > PIT and pmi, it's the taxes plus pmi that usually kills it.2nd Weehawken 4 and above even owner occupied is rent controlled.  

Additionally, you loose control over the quality and aesthetics of any repair or upgrade.With a lease - option, the tenant is a tenant until s/he/they exercise the option and place a downpayment.

WHY because as hardmoney lenders they have more control over there capital.I have been one over the last 30 years my last shop was 35 million so we were not tiny but we were not SEattle funding either.. more on the line of East side or vestus.Borrowers just don't jump ship for 1% or a little cheaper.. they will stick with who will allow them to scale.so when I want to do a 100% deal for one of my long time borrowers no problem. your not going to be able to compete.. the day of 20% plus rates are gone of course.But the portals all want to make 14 to 18% apr just like the HML companies.Can you take market share no doubt but you will have to build it just like I built my companies excellent customer service and flexibility.. right now the Portals like RS have very stringent underwriting they cannot compete with many of the local guys in this market that have 10 to 30 mil to lend. and there is only so much hard money demand in a given market as we know.Vestus and East side get a lot of their business by providing capital to buy at courthouse steps this is highly complicated and lots of moving parts your portals will no way be able to compete at that level.Were I can see a portal doing well though is with bigger funding deals that the HML won't take on.. like larger credit type lines etc we have had some interest from portals for this.. and its not at all competition with the local guys.

As landlords and facility managers, you can’t solve this resource crisis, but you will be challenged to control water waste.By taking the initiative to flush less water down the toilet, you can do more for your facilities’ overall usage.

We've lost 5 months of inventory over the last few years (from 13 months to just under 8 now)...You are going to see it appreciate well over the next couple years. 

They are almost always all bark and no bite...especially if you stay professional, neutral, calm, and friendly/polite.Keeping one good tenant while costing you multiple good tenants is obviously not worth the trouble or lost money.

I lost two foreclosure deals in the same week despite of bidding above the price.  

From his description he lost the house already but he is looking to make a quick buck on the property he will not own.

Details below:Purchase Price:  $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented outWater/sewer: $100/moGarbage:  $213/moPest Control:  $68/moTaxes:  $450/moInsurance:  $250/moProperty Mgt:  $279/moLawncare:  $100/mo10% Maintenance:  $3495% Vacancy (low vacancy area historically):  $174.50Total Expenses:  $1983.50Financing:  Bank (80% note):  $830 (15-year term); Seller (10% note):  $99. 

Im Troy Peters and its time to start something new, time to change my life, time to take a huge leap into what I know is my future.So, a week and a half ago, upon leaving Dallas to head home to Cypress, TX, I was feeling down about not having the control I wanted.