Allende Hernandez
Rehab company dilemma...Is it me...or them?
5 October 2016 | 13 replies
Although, I don't really know what you're paying for this service.
Daniel Patterson
What math formulas do you use when you consider a new property?
4 October 2016 | 14 replies
@Daniel PattersonDefinitely check out Frank's book like Roy mentioned, but we typically use Cash-On-Cash Return, Cap Rate, and Cashflow after all expenses, renovations, and debt service.
Ian Price
Interviewing Brokers to be Agent
17 October 2016 | 2 replies
Who places and later removes the sign in the front yard (some brokers pay a service to do this)?
Aaron Araujo
ORDER OF NOTICE?
19 October 2016 | 17 replies
It's highly likely that Wells knows the owner is an active duty military service member.
Seth C.
Note selling 101...
4 October 2016 | 8 replies
You are trying to get bank rates & terms for a private non-arms-length note.First, the interest rate is too low.
Pratik P.
Can I finance deals like this?
6 October 2016 | 33 replies
Now let's look at the numbers (Monthly)Average rent/unit = $775Gross Income with 94% occupancy = $24,02550% gross income for expenses = $12,012Bank Mortgage payment for $1,875,000 @ 4% 30 year = $8,952Seller finance $375,000 for 6 years @ 4%, with interest-only payments = $1250Private money loan payment for $300,000 for 6 years @4% also with interest only payments = $1000Subtracting all expenses and debt service from gross income gives me = $811 in cash flow which I would set aside to use only on the property.
Chris Latham
Tenant problem with backyard and rent discount
9 October 2016 | 20 replies
Old military saying (maybe non-military too?)
Rick Bassett
Tenant being evicted Cardboards up Windows
17 October 2016 | 13 replies
I did a drive by on a property today where we are in the process of evicting a tenant for non-payment of rent and noticed that tenant has cardboared up some of the front windows of the house.
Dakoda Spencer
How Are Small Town Rental Units?
4 October 2016 | 13 replies
You are going to want to verify income and rental history at minimum and learn how to evict non-paying tenants if you intend to manage yourself.
Account Closed
Including Rehab Costs with HML's? Can it be Done?
14 October 2016 | 23 replies
What fees do they charge for their services?