Ray Johnson
Real Estate Agent pricing property too high or good strategy
30 August 2018 | 11 replies
@Andy Mirza I went over the report with the appraiser, the only Comp I questioned was an REO in the same building that sold two months ago that was badly damaged, water damage in two locations, old carpet, damaged kitchen floors, broken HVAC, nothing new or upgraded and that unit sold for $234,000 as an REO.Is my agent a good one is definitely a good question, After the latest price drop I told her this isn't my primary residence so I don't have the typical emotional attachments some sellers have where they want the highest prices in the neighborhood, Do we have to do these incremental small price drops, I just want what the appraisal/market says it's worth or really close to it so lets get it sold, that's when the discussion about not pricing it at appraisal came in due to the buyers wanting concessions/discounts.I didn't know over 60 days on the MLS was happening in some markets.
Jeneé Murphy
Recommended Purchase Cap Rate for Refi.
27 August 2018 | 2 replies
I know for the Rental Property reports, it was recommended on a recent webinar to focus on Cash on Cash ROI (being at least 10%) and a Monthly Cashflow of over $100.
David Lowe
Lending Money to Brother-in-Law
17 September 2018 | 15 replies
@David LoweThis has bad news bears written all over it .
Sam Crochet
Short Term Rental data by season in San Diego, CA?
28 August 2018 | 5 replies
I'd do a Google News of "San Diego Airbnb" should change your mind real quick.
Timothy Spillane
Refianance cash out in Mass
14 September 2018 | 4 replies
For myself in MA I did a cash-out refi with Salem Five bank in 2016 and it was easy and they had very good rates.You'll need to work with the bank to go through the process, it's basically the same as getting a mortgage so you'll need to provide the usual litany of documents like recent pay stub, current mortgage docs, bank accounts, they will pull your credit report, etc.
Asher Carr
Sectuon 8 Applicants- how would that work?
29 August 2018 | 3 replies
.- Tenants don’t lose their voucher if they don’t pay, but they will lose their voucher for things like getting evicted, being charged with a drug charge or a felony, not reporting a change of income.
Matt Gilroy
Selling a rental with a long-term tenant. What about the deposit?
28 August 2018 | 8 replies
The new owner will be held accountable for creating a final report on return (or retention) of the security deposit when the tenant moves out (whether or not they received the security deposit funds at the time of sale.)
Jonathan R.
I can buy cheaper than it is to build, will this make me wealthy?
25 September 2018 | 32 replies
The same is true for the economy, we are growing but compared to similar cities we are falling behind (if you don’t read the Chung Report, I’d start subscribing to it).
Jonathan Taylor
Would you do this triplex deal? Help me analyze
29 August 2018 | 9 replies
ThanksJTView report*This link comes directly from our calculators, based on information input by the member who posted.