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3 October 2018 | 2 replies
If not, use a skip trace service.
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27 September 2018 | 6 replies
Once an environmental phase 1 study is done and ground contamination is found are these findings made public or given to a state agency to enforce clean up?
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3 October 2018 | 5 replies
I got married to my beautiful wife and recently separated from the service.
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2 October 2018 | 19 replies
Focus on getting the property cleaned up and rented before worrying about the any deficiencies You will have to pursue him at some in small claims(Or what it is called in Mn).
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26 September 2018 | 13 replies
As long as the purchase price is enough to not leave a lien on the property you can transfer clean title.
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4 October 2018 | 20 replies
Some sophisticated lenders are now using the debt service ratio instead of DSCR after 2008.
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27 September 2018 | 2 replies
Dropping the rents $100 a unit would still cash flow $200/door with the tenants paying utilities.Numbers at a glance:Gross Income- 22260Taxes- 2084Insurance- 1000Management- 2226Utilities- 9500NOI- 7450 assuming no vacancy or CAPEX (just to illustrate how bad the current numbers are)Debt Service- 6535 (30yr, 20% down, 5.5%)Annual Cash Flow- 915 (Actual for this year with my debt service is -4797 due to CAPEX and no vacancy).
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28 September 2018 | 14 replies
The kitchen and bathroom could be cleaned up and sold as is.
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28 September 2018 | 6 replies
If you plan to expand your portfolio you may decide you need a PM service.
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3 October 2018 | 3 replies
I have spent many years improving houses as a licensed contractor and really all you should worry about is making the place look clean and safe but let the new owners use their imagination and especialy their wallets to create the environment around the house they prefer.