The water usage is the same, the common electric/heat is the same, the licensing is the same, the trash refuse fee is the same, annual fire alarm certs are the same and labor to address tenant repairs should generally be the same.

Ill give you a hypothetical scenario: Lets say the ARV of a house is $350,000,$ needed for repairs is $35,000,and my wholesale fee is $10,000.The formula I use in NJ is going to be ARV*80%-Repairs-Wholesale Fee = Max Allowable Offer (MAO).

If the applicant submitted an application, with the appropriate fee and was qualified to rent your home, legally you'd be obligated to rent to them with their Section 8 voucher.However, if you have other policies like no pets, no smokers or no more and X vehicles in the driveway, you can deny tenancy to Section 8 voucher holders who don't qualify because of pets/smoking/parking concerns.It's important to not be discriminatory, but you can also protect your investment by being vigilant in your tenant screening avoiding future headaches.

You will receive your assignment fee and your initial EMD at the close of escrow. 

Oh, and I’d ask about any fees they ca n waive.We teach how to take over a property Subject To.

If he filed a homestead (file it now) it gives him $125,000 of equity in his primary residence through the homestead exemption but the court will have an outside appraisal that says the house is worth $700000 and he owes $200000 - this number will increase as a year of non payment and legal fees gets tacked on. $700000- $125000 -270000 or more = leaves about $300000 - $10000 for personal property.

Hi Everyone,I have been studying real estate investing for a while, but I have never seemed to have enough money or be able to come up with enough money to pull the trigger on anything. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.

A quick Google search pulled this up:"Typical homeowner's insurance policies will allow you to have a two to three roommates or boarders without additional coverage."

Ultimately, I think the eviction route is gonna cost more than we will ever recover so I have proposed to the PM that we offer a semi cash for keys if the tenant will move out by the end of day April 17th she will drop all late fees and if no damages have been done to the property she will return half the security deposit.