Tara Sonnabend
Need assistance with landlord I'm leasing an arbitrage property from in Glen Ellyn, I
12 June 2024 | 10 replies
Any advice on an attorney/organization to talk to in order to get a letter from an attorney to get the landlord being reasonable or similar instead of turning this into an expensive legal battle?
Jesse Edwards
Apartment Meter Base Replacement
14 June 2024 | 1 reply
What cost-effective options are out there?
Alan Hale
"Real Estate by the Numbers" Math question
14 June 2024 | 3 replies
@Alan HaleCan’t answer number 2 but financing has nothing to do with your profit I’m it doesn’t matter what you buy whether a car, home or pack of toothpicks, your profit is what you paid for it minus your costs/expensesWhere financing does come into play is it is a cost as money is not free - but it’s only what you have paid for that financing.Hope that makes sense
Dave DeMarinis
Loan Origination, Processing and CRM Software Solution
14 June 2024 | 7 replies
Competitive upfront costs and ongoing subscription costsPlus 2 Nice To Haves: Good analytics reporting and Compliance Updates regularly communicated
Kaushik Sarkar
Best use of real estate equity in today's market
12 June 2024 | 7 replies
In the current high interest market, is home equity loan still reasonable?
Rob Harnden II
What do you do if only one applicant's credit score is high enough?
14 June 2024 | 10 replies
The only reason I am struggling with this, and will consult an attorney (thanks for the advice Christian) is that I once I make a decision, it needs to be used consistently with everyone no matter how unimportant a specific piece of criteria might be.
Marshall Rousseau
Commercial Tenant Interesting Situation
14 June 2024 | 2 replies
I would add the outlet at my own cost.
Brandon Justice
Owner-Occupied 4 Plex - Please Check My Numbers
12 June 2024 | 7 replies
.- Neighborhood ~ C- but a C- area here doesn't mean too much, smallish town ~ only about 50k peoplePurchase Price: $660,000Appraised Value at Purchase: $730,000Interest Rate: 6.625% - 30 year fixedDown Payment: 10% / $66,000Cost to Make Rent Ready: $14,000P&I - $3803 T&I - $898Total PITI - $4701/moCapEx, Vacancy, Maintenance - $1099/moTotal Monthly Costs - $5800/moCurrent Rents - $3800 (3 units)Fair Rents ~ $5000 but will likely only charge ~ $4500 to start.
Tricia O'Brien
Easy Steps to Setting up Mobile Home on Land??
15 June 2024 | 6 replies
So most of the time developers who pull this move, replace with a new unit NOT used.Utilities on bare dirt will cost more time/money than I think most realize.
Nathan Gesner
How much reserve should you maintain?
12 June 2024 | 9 replies
The reason we keep that number is if we have a major repair we have the funds, or if we lose a tenant.