
4 June 2018 | 11 replies
I don't know what your damage coverage is, but I'd check with Shelter Insurance, as I found they usually found they are easy to work with and have the best rates.

30 July 2018 | 77 replies
First, they are usually non-financeable though conventional means, so the demand is lower and thus the price is significantly lower as well.

4 June 2018 | 8 replies
Key is if the tenant is strong on the personal guarantee and has high liquidity and net worth.Most business owners are not absentee but owner operators.Even if sales are down but personal guarantee a landlord can usually negotiate a hefty early lease termination fee for the operator to shut the business down.

3 June 2018 | 7 replies
I looked up the 4506-T document and usually, the banks only request this from the buyer who is applying for the loan.

1 June 2018 | 7 replies
Here's why:The new manager has a generic email address and I don't actually know who I am talking to.It seems like the new company structure hes left my new manager with way more work load than she can handle, which isn't to say anything bad about her but it makes me question if I should keep my business with them.Communication is slower, usually within 48 hours but sometimes the conversation just dies and I have to remind her that I still had an unanswered question.There are things that should be communicated to me before they happen but I don't hear a word until afterward. ie lease renewals (kind of a big deal).They charge 11% for a single property and discount that by one percent for each additional house and the discounted rate is applied to all properties.

31 May 2018 | 3 replies
If you are a guarantor on the loan, even if the loan is to the LLC, usually, language in the note says something like they MAY report your performance to the bureaus.

31 May 2018 | 1 reply
The numbers you did were for 33% of rent and that works because I usually knock off percentages off my numbers depending how the property condition is.

11 June 2018 | 4 replies
Everyone wants to work with an experienced top producer... but those type of agents usually specialize in listing property.

4 June 2018 | 22 replies
To me, the deciding factor on whether it's a business (job) or an investment is how you structure it and your roll within the operation.the reason why I say its not an investment like most BP folks think about it.. is that there is turn over your not out sourcing your PM .. if you have a no pay your the one doing the eviction.. you usually need a form of advertising going all the time.. but I understand what you have and where they probably are.. those are great mom and pop business's and are in most every small berg in America..
2 June 2018 | 3 replies
If I find a property on the MLS and the seller is willing to finance, how is this transaction usually carried out?