Jason Harris
Property under market value minimum repair costs. Determine exit.
4 October 2016 | 4 replies
Get a non-refundable deposit from them at the signing of the assignemtn agreement and if possible a POF or bank statement showing they can pay in full at closing.
Mark Douglas
Vacating Timely
3 October 2016 | 3 replies
My leases allow for month-to-month with both party acquiescence, but I also add a 10% surcharge to the monthly rent for non-lease rentals (i.e. the holdover for a $700 unit is $770 monthly).
Nick O.
Incentives for keeping contractor/GC motivated to keep bids low?
4 October 2016 | 21 replies
I only accept bids from my subs which include full turnkey work for their trade/portion to prevent just that, and prevent that I get a call that oops, the electrician forgot to include 50' of service wire, so I need to run to hd out of my own pocket, and then find a 49' piece rolled up on-site that he'll take with since it was too short anyway.
Noah Mellor
Buying out of state
26 February 2017 | 19 replies
Mostly, having boots on the ground to service the property.
Account Closed
Using Home Depot as a Contractor
30 January 2017 | 8 replies
A lone handyman working out of the back of his truck usually has no insurance and also doesn't have a customer service department.
Tommy Black
New member from Shreveport, La
6 October 2016 | 6 replies
I retired from Public Service locally about two years ago.Yes, I am interested in networking to learn more about the Real Estate Investing Business.
Mil Sanghvi
GETTING A MAINTENANCE MAN.....HELP!!!!!
2 October 2016 | 0 replies
I then show them another unit on the same property to needs to be completely renovated (cosmetic and hvac serviced etc).
Adam Jaken
What part of the country is there a better return then 6%
9 October 2016 | 39 replies
If your properties are paid off you could sell them and 1031 exchange into something else or refinance them up to 75% of the value and put the money to work harder in other areas.If you are asking where to buy A properties at C area values that is almost non-existent.
Tod Foltyn
BRRRR Question
3 October 2016 | 4 replies
ok thanks. i just wanted to clarify. because the person i heard this from was at a class about being a "raiser" to raise money for a loan or for a fund. and they were talking about raising money from accredited investors opposed to non-accredited. and the requirement to be accredited was that you needed to make $200k or more for 2 consecutive years in a row. and then the class also mentioned some things about refinancing certain deals. so i think this person was getting something mixed up and confused and combining the being an accredited investor with the refinance part. and i was trying to tell them that i think they are misunderstanding but they kept telling me i was wrong.any other responses / answers would be great.