Abraham Bar
Best xash out lender
17 May 2016 | 13 replies
When we do this, basically I have to set it up so that both go to the same underwriter, same processor, same title company (in this case the title company of the purchase transaction would just be re-used for the cash out refinance), etc, but two different funders because they both have to push the "fund" button within a few moments of each other for it to work because each loan will have a condition that it can only fund if the other one funds.
Michael Penwarden
1031 into increased cashflow: remote Turn Key vs Local BRRRR?
23 May 2016 | 17 replies
Is it mostly the areas that are bad, condition of the properties or management?
John Napier
Tenant Refuses to Grant Access - Then What?
17 May 2016 | 19 replies
if they last min, decide that they can't move out for another couple days, you may be stuck with them there until you can evict them or they finally move. also, I wouldn't show the place unless I knew it was in presentable condition. they could be disallowing you in because they have damaged the place.
Krystal Baker
How long between tenants with a property manager?
17 May 2016 | 9 replies
Not trashed, no eviction, the renters simply decided to move to another part of town, and left the property in reasonable condition.
Andrew Bauer
Analyzing a deal with low vs high quality tenants
31 May 2016 | 4 replies
But the rehabs are well done, we average 3 to 5 maintenance calls per year, per unit.So i believe it subject to the maintenance, rehab/condition of the asset, background check of tenant, and relationship with the tenant.I believe the tenants treatment of the house is typically a reflection of the owners care of the property.
Vy Mai
How long does it generally take to find tenants
17 June 2018 | 20 replies
We start considering lowering the price about 10 days in depending on the activity level and feedback from prospective tenants.Poor condition/marketabilityIs the home in a fresh and desirable condition?
Athol Dickson
managment after foreclosures
20 May 2016 | 11 replies
What I need is someone to inspect the property and report on its condition, secure the property, maintain the property, and oversee any work required to get it into saleable or rentable condition.
Derek Famulari
4-Plex House Hack
19 May 2016 | 20 replies
I did come across the following deal: Property: Victorian 4-Family (8 Bed, 4 Bath) (2Bed, 1 Bath per unit)Ask: $850,000Location: Weehawken, NJRent: ~$2,000 per unitAdditional income: $1,000/year - coin laundryExpenses:- Mortgage/Taxes/PMI/Insurance: $5,397*Note: I plan to do a 5% down FHA (possibly 203K depending on condition)Utilities: $250Vacancy: 7%CapEx: 10%Maintenance: 5%Zillow LinkAfter using the BP calculator - It appears that I will be paying ~$850 per month (assuming I purchase full ask).
Ben Ballinger
Best retort to "send your best offer"?
10 October 2016 | 30 replies
I offer to email over a few of the comparables we are focusing on, with detailed notes on condition differences or other offsets that they can share with the seller on how we arrived at our numbers.Kind regards,Arpad