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Results (10,000+)
Ryan Merkel Real Estate Investing Adventure: To 2015 and Beyond
13 March 2015 | 6 replies
I wanted more substance, and this was an exercise in frustration exemplified through a $3,000 program that taught me to write goals down and talk to people, albeit a bit of a glorified way. 
Elmer Lee Wholesaling Potential First Deal
30 October 2014 | 7 replies
But it is all a good exercise for you.  
Nicole Pettis This isn't easy...
4 September 2016 | 80 replies
I feel lucky i surf, it's impossible for me to get out of the water and not feel mentally refreshed and physically exhausted.  
Gary Dezoysa Best resource for understanding the nuts and bolts of a house
31 October 2014 | 6 replies
I remember when I was younger, I had the chance to look at an exercise guide that showed pictures of all the muscles each exercise hit.
Andrew D. Lease option or contract terms Iowa
25 March 2016 | 6 replies
However, you can have the tenant buyer pay a down payment, and then it is treated just like a rental after that and the renter has the option to buy based on the agreed upon contract price within the agreed upon time they have to exercise their option to buy.  
Leslie A. Women landlords: do men try to push you around?
12 November 2018 | 41 replies
I am not very big so I don't think it is physical intimidation, I try to not let them get started. 
Account Closed Entire portfolio as turnkey
5 November 2014 | 13 replies
Well, it should be hands-off from the standpoint of doing the heavy lifting such as locating property, providing the funds to purchase the property, providing the funds to renovate the property or physically doing any of the labor.  
Taylor Vaughn Expenses Per Unit
11 November 2014 | 8 replies
For Multifamily, here is how I break down my underwriting pro-forma and the expense cost rules of thumb I use:Annual Income:+Gross Potential Rents (Market Rate x Units x 12 months)- Concessions (depends on the market, but I try to limit to 3% GPR)- Economic Vacancy (physical vacancy + bad debt + loss to lease)= Total Rental Income+ Utility Income (based on past RUBs history or the per door flat fees)+ Other Income Items (Laundry, revenue share contracts, late fees, app fees, etc.)= Total IncomeAnnual Expenses:+ RE Taxes (usually use 3% increase over last tax bill, but make sure your area won't reassess immediately upon the sale at the new price, which could drastically increase the taxes)+ Insurance (my rate is about $200/door....yours will be different, talk to your agent)+ Management Fee (3-5% depending on size and company used)+ Administrative costs ($150/door)+ Payroll ($900/door, but the smaller the complex, the higher this cost usually goes)+ Marketing ($125/door, again it depends on the property size and market)+ Utilities (usually do a 3-4% increase over the past 12 month total)+ Repairs/Turns/Contract Services/any maintenance (depends on the age, I buy late 60's to early 70's vintage stuff and usually spend $750-800/unit....this goes down as the property is newer or renovated)+ Reserves (this will depend on your financing, but I place it above the NOI line here because if the bank requires it, it is an upfront expense monthly....usually $250-350/door)= Total ExpensesNOI = Total Income - Total ExpensesThis generally works well for properties 20+, but might not work so well for smaller complexes.
Jesse O. Applicant breaking current lease
7 November 2014 | 9 replies
You could investigate as has been suggested, maybe even view their current house, but there are tenants out there that don't need a Sherlock Holmes exercise to straighten out their stories.
Spencer OBrien Do I have a squatter? How to get them out?
14 January 2015 | 42 replies
If the tenant refuses to move, the constable or sheriff can cause the physical removal of the tenant, all occupants, and all belongings from the leased property.