Rhonda McDaniel
1st Fix and Flip
17 January 2024 | 1 reply
Repair Costs: $47,610 Holding costs: $6,300Closing costs: $11,150Staging Fee: $2,300Total Pay Out: $37,640Construction Loan hold back: $29,000Insurance Claim $12,529 (Roof damaged in Wind Storm) unplanned replacement and tree removalBank allowed me to keep my 20% down payment at closing, which would have been $15,000 due to total amount requested for repairs being $44,000.
Kevin Stewart
Tulum- Investing in a Condo Hotel
17 January 2024 | 5 replies
Management takes a 20% operations fee.
Troy Roberts
Managing new duplex out of state Need advice
17 January 2024 | 7 replies
For showing the property, I would contact a RE agent in the area and inquire about a flat fee for each showing or possibly a % of the first month's rent for showings until it is leased.
Brett Morris
Time to ditch rental property because of HOA?
16 January 2024 | 15 replies
The property has a remaining mortgage and with the increased HOA fees, insurance costs and taxes, rent barely covers cost.
Audrey C.
10 year retirement plan with multifamilies
17 January 2024 | 3 replies
I have some $$ from the sale of a property that I’ve been wanting to reinvest in RE but haven’t pulled the trigger.
Wes Short
Of These 11 Skip Trace Sites, Which Has Shown the Best Results
18 January 2024 | 57 replies
We really need a special system to pull quality lists.
Dylan Lersch
Landlord wants money from a month they didnt collect from.
16 January 2024 | 7 replies
It sounds like there’s not a “fee” for moving out before the two months, you just owe the two months of rent, it’s not a fee, it’s rent you owe.
Sunny Rajvansh
Cleaning the property between tenants
16 January 2024 | 14 replies
I have tried to deduct some amount from deposit to cover the cleaning fees, but some tenants were bitter about that.
Nick Versetto
Does 100% acquisition and rehab financing still exist?
16 January 2024 | 4 replies
LTC only includes purchase + rehab, not any holding costs, interest, fees/closing costs/etc., which you would also need enough funds for.
Kishore Babu
Notice period - how to handle our situation
14 January 2024 | 7 replies
Is the notice period given over the phone an year ago (which I don't remember) considered as notice period.rgdsKishore Hi Kishore, it's going to cost you more in legal fees and time than what you would get if you pursue this.