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1 September 2018 | 21 replies
You could charge a above market rent, since they are likely desperate, and increase your profit margins while addressing a definite housing issue for these indivulaes.
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31 August 2018 | 6 replies
Make sure to do your research, some investor friendly lenders charge high fees and closing costs.
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3 September 2018 | 59 replies
We’ll try to charge a bill for the stolen power, new lock ring we install, etc on the previous person, but won’t hold a new owner responsible, nor do we go after landlords who have tenants that do dumb stuff; we just want our meter back and all to be back to norm.
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2 September 2018 | 8 replies
(I'm getting charged $1k for each 1065)2) Should I have a separate multi-member LLC that takes income from the 5 houses and that is the only partnership return I have to do?
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4 September 2018 | 14 replies
@Christopher Winkler @Andy Mirza Over the years or should I say decades this is a constant.but what I do because all of mine are firsts and non are owner occ.and I don't like to hassle the stuff I just make a record of it and when the payoff comes in I add all those charges to the final payoff demand.. as long as they don't get too far out of tolerance and I have to foreclose.
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5 September 2018 | 7 replies
Note that costs may significantly differ because of accruals, but those are all estimates anyways, so I would only look at other costs (e.g. title search charge, point fees, etc.).
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6 September 2018 | 11 replies
I could have dropped paying for utilities and most likely charge the same rent.
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1 September 2018 | 5 replies
some charges lower like 8% and some charges 13%.
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4 September 2018 | 5 replies
If the place is painted the installer may charge a bit more to deal with the issue blow off and towel dust off fresh paint.
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2 September 2018 | 4 replies
Where I am worried about is having a high minimum monthly payment after I, lets say, purchase a $100,000 SFH all cash.Let me give some more data:Draw period = 5 years; where at the end I can either re-apply to extend the credit, or enter repayment period of 15 yearsInterest (as of today) = 5.75%Min monthly charge factor = 1.0748% of unpaid balanceSo with the example of $100,000 SFH purchase, at month #1 my payment would be $1,074.80.