Wade Alderson
How Much Down Payment for Turn Key Real Estate
15 March 2017 | 25 replies
Right now if you are looking in the Ohio area you would need to spend at least $80k for a $950 SFR in a B area.Or at least $60k in a C area with some reno work performed by you or your team.Lenders are offering 15% down loans.
Terrence W.
Triplex Analysis - Denver
14 March 2017 | 12 replies
My properties are in A locations but that shouldn't be used for properties in C and D locations but a calculator doesn't discern between them and is only a very basic tool.
Johnny Manziel
QUADPLEX DEAL - PLEASE READ
16 March 2017 | 17 replies
.$270K purchase priceFHA loan3.5% down ($9,450)P&I-$1321/mo ($260K financed)INS- $100/moTAXES- $137/mo (taxes are currently $274/mo b/c its in the investment class)PMI-$187/mo (would like to own for a year and try to refinance with another bank to get a conventianal if I can get a high enough appraisal to drop PMI or lessened)TOTAL PMT-$1745/moLIVING FOR FREE!!!
Jay Hinrichs
how to handle multi offer situation when you really want it
23 March 2017 | 47 replies
For example say:Highest and best = 150kOffer B = 3k above highest and best, maximum of 170kOffer C = 5k above highest and best, maximum of 180kWhat price does C get it for?
Chang Pan
Does this house have mold problems?
15 March 2017 | 7 replies
I've recently come to the conclusion that mold is the one of the biggest hustles in the inspection/home reno business b/c I see "mold remediation experts" charging tens of thousands of dollars to remove "mold" that isn't harmful to 97% of the population...but I realize that is an unpopular view.Anyways, about to close on a house that has a musty smell to the basement and likely some mold down there, so I'd be curious how you treat your properties with that issue - after buying them for a steal ;)
Pablo C.
Justin B.
Seattle Starts First One to Rent to Law
11 September 2017 | 33 replies
It's a class B house in a class C area.
Renee Reischl
Hiring a Seller's Agent - Ethics Question
16 March 2017 | 2 replies
Says one of their really good friends (agent C) has a lot of buyers but nothing to sell ... and wants me to meet with this agent.
Bret Blackburn
Kelvin Lee
Since when the landlord becomes the tenant personal banker?
3 April 2017 | 23 replies
Portland Commissioner Chloe Eudaly announced she plans to call for reform of rental housing deposit regulations and is considering:(a) limiting the deposit amount;(b) requiring that it be held in an interest-bearing account; and(c) clarifying the definition of reasonable wear and tear.In an article published in today's Portland Tribune, Eudaly claims to have set up a stakeholder committee meeting of landlords, tenants and housing advocates.