Danny Gunawan
Help on HELOC: 5-yr draw, Principal+Int Payments
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.
Darrell D.
Zillow Cash Offer - My Experience
14 September 2021 | 59 replies
Zillow charges 7-8% fee?
Dino Singh
How much should a closing cost for an all-cash transaction?
9 September 2018 | 3 replies
Would appreciate someone who's done an all cash txn, to weigh in and tell me what's required and how much should a good closing attorney charge for an all cash closing?
Harvey Yergin IV
Key control blows! I plan to upgrade all my units to smart locks!
18 October 2018 | 17 replies
Type1: Keypad access w/ physical key backup Type2: No keypad access(Bluetooth only) w/ physical key backup Type3: Keypad and/or Bluetooth without physical key backup.I would only use type 1 in my rentals as I don't want the tenant to be dependent on the phone having a charge to open the door.
Ryan Keenan
Need some eviction help for the tenant from hell
3 September 2018 | 85 replies
I just haul it to the dump and tell them to sue me if they don't like it.. because I have all my fancy trusts series LLC and other asset protection set up so no one can get a judgement from me anyway.I would think there is not enough storage units to go around if every actually stored this junk.. and or this is a nichestart a haul off storage for landlords and PMs one call does it all.. haul it to your storage charge the landlord the haul off and the storage.. that seems like a nice additional profit center for an enterprising PM company .. and your just following the letter of the law which as a broker you probably have to do .. me I don't care I can hold my own against a dead beat tenant..
Account Closed
Letter to retain all of security deposit plus bill more damages
31 August 2018 | 0 replies
Is there a form letter people use to send out say here is the itemized damage charges and a bill for the uncovered amount?
Sharon Kehnemui
Seller Financing Amortization Question
3 September 2018 | 21 replies
They also charge a rate that's higher than the bank.
Scott Davidson
Tenant Present for Walk Through / Keys
31 August 2018 | 2 replies
I continue to charge the tenants until I have possession, which includes keys.What you could do if you choose to and which is probably better in your case is to complete the walk through and then let them leave.
Daniel Liska
Problem with getting money from property manager
5 September 2018 | 4 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
Roger Wagoner
Fee for damage to rental
10 September 2018 | 6 replies
Like maybe I should just charge $25?