Randy Walters
Retirement time - What to do with a commercial office building???
14 November 2017 | 11 replies
Get your cash (tax free) and eat your cash-flow too.
Wade Sikkink
Examples of Real World Negotiating Techniques
14 November 2017 | 49 replies
I think a seller would eat your lunch if you were to tell them exactly how high you'd go.
Joseph Weisenbloom
How do you pay your contractors?
11 November 2017 | 13 replies
If I pay my foreman $30/hr, I’m lucky to go out the door of an at-cost of $45/hr, I got to eat and keep the lights on too so per hour rates here won’t even come close to me.
David J.
well here is one for the books. Bay area is not easy!
9 February 2018 | 18 replies
And you said you had to eat December rent , so that wiped out , what ?
Victor Cooke
What systems to develop for "Newbie"
30 December 2017 | 5 replies
@Joe Villeneuve, Ok I came up with two different takes on your number; 1) Its how many bytes in a gigabyte2) It is also 2 raised to the 30th powerIn the meaning of #1 I relate it to the question "How do you eat an elephant?
Sam Leon
Pest control delineation of responsibility
1 January 2018 | 3 replies
Need some advice here on pest control.This is the third time in two years that I have to pay a professional pest control company to come treat and bait for roaches, specifically German roaches.Last time the tech told me German roaches are "brought in".Since they are otherwise good tenants for four years I decided to eat the cost of $300 each visit.Year 1 and 2, never ANY issue.
Priyanshu Adathakkar
Year end thought: Duplex/Multifamily cons:
29 December 2017 | 0 replies
Possibility of higher repair costs: i.e. an overflowing bathtub on a high floor may require repairs to several unitsHigher turnover rate - turnover is costly because property must be cleaned and repaired, plus the legal and other costsVacancies take a proportionally larger bite from your incomeApartment complex investment Cons:Requires more secure financing when more than four units, including higher down payment and reservesManagement fees eat into profitsVulnerable to a downturn in the community, since all units are in a single placeRelatively illiquid investment, costly to dispose ofPossibility of deadbeat tenantsFrequent turnover
Steve Boianelli
Major plumbing issue caused by tenant misuse
31 December 2017 | 13 replies
That stuff will eat your hands right off your wrists
Account Closed
Questions getting Contractor rental rehab quote and contingencies
1 January 2018 | 3 replies
you seem to be in a similar situation I'm in. what I did was take pictures and video of the place on my initial walk through, sent that to a GC and had him give me a "conservative ballpark" estimate. that way I knew what my offer had to be. asking price 90kARV 180-190KRehab est from GC 52kRehab est in my #'s 67kmax offer 67kstarting offer 60kIll be making the offer this week so we'll see how it goes. if I can get the contract then I'll have inspection, and 2 to 3 full bids done by GC'S to solidify numbers. if the GC are worth their salt then those bids should be accurate. if the numbers don't work at that point then back out using home inspection contingency (if possible) or finance contingency, or if you have it in the contact a "approval of buyer" contingency. or just eat the earnest money deposit loss. good luck.
Deanna Boss
A Gnawing Problem - Mice but Tenants Refuse Exterminator
4 January 2018 | 16 replies
Now, if its not in your lease regarding who is responsible for exterminator fees then you may have to eat that cost.