Brandon Payne
Due diligence -- tenant occupied fourplex
3 August 2019 | 11 replies
You can also ask for schedule E for the past 3 years.
Don Roberts
ENDGAME – what do you all think???
13 August 2019 | 13 replies
Later, we agreed that we preferred places in the warmth, as we didn’t want pipes bursting, so we stayed in AZ, TX and FL (places where we were stationed).We asked the Housing Office for areas that were in demand by the current incoming families, took at aim for E-5/E-6 rank and above based upon the BAS housing allowance chart that is published online.
Dave Bopp
What are the risks of my agent signing for me at closing ?
4 August 2019 | 15 replies
Some (not MA) allow e-signatures.
Jorge Garcia
How to acquire a house when owner not present
9 August 2019 | 4 replies
@Jorge Garcia Different skiptrace sites usually have possible related people on there as well as possible e-mails, business names, etc.
Michael Ablan
Full Time Investor Turned Ironman In 4 Months!
9 August 2019 | 3 replies
So when a loved one is going through something difficult, know that the simple act of being there to show your love and support can make the difference between them succumbing to the weight of the pressure, or rising up to the occasion and pushing through to the other side.
Michael Stults
Newbie Looking To Purchase a Multi Family in Baltimore City
27 August 2019 | 7 replies
@E BradyThat's great to know it's normal to feel this way.
Brandice Walters
Repair or Replace HVAC with a tight BRRRR budget
3 August 2019 | 2 replies
FYI, new back splash is pretty, but occupant comfort will be worth its weight in gold, when you’re not receiving calls on a Sunday about the AC.
Madison Theiss
LLC's, Are they necessary in investing?
13 August 2019 | 5 replies
@Jonathon Weber@E Brady Are there any tax-related benefits of LLC?
David Nacco
How do you handle reserves on your rentals?
4 August 2019 | 5 replies
@David Nacco - first make sure to account for the following expenses in your calculations:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance (0.3-0.45%) b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances e) Make ready10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...