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16 December 2015 | 7 replies
If they had only 10% economic vacancy while charging that rent and NOI came out at $1,078K it only leaves $1.1-1.2M for expenses or ~$3000/unit.
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16 December 2015 | 10 replies
At this time, if I were you, I would write them a letter, email, leave them a message, dictating your rental policy as spelled out in your contract.
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15 December 2015 | 2 replies
I specialize in Wholesaling, Flipping Tax Deed Land Lots, Multiple Choice Offers and Seller Finance Rental sandwich deals where both the Seller and the new tenants pay me monthly, leaving me with a little cash flow and a big pay-off at the end of the Seller Finance Period when either the tenants use their option to buy or I refi and sell to a new Buyer.
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17 December 2015 | 25 replies
Real estate is relatively illiquid, and if one partner decides he or she needs to leave the partnership and access equity from assets(though the other partner may not want this or view it favorably), the dissolution document will allow for governance of what is or is not possible, and help avoid adversarial emotion when such an incident occurs.3.5) 51/49 split - make sure your partnership allows for you to make a majority vote when you may need to.
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16 December 2015 | 8 replies
I'm an investor and Real Estate Investing Coach who specializes in Wholesaling, Multiple Choice Offers, Flipping Tax Deed Land Lots and Seller Finance Rentals where both the Seller and the new Lease Option tenants pay me, leaving me with a little cash flow while I wait for the mortgage balance to go down and the property value to go up during the 1 to 3 yr Seller Finance period.
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15 December 2015 | 4 replies
Thoughts?http://www.businessinsider.com/smart-money-getting-out-of-real-estate-2015-12
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15 December 2015 | 0 replies
I am trying to be super carful with these deals and cant really afford to pay out for an appraisal and then the property fall short of the loan criteria which intern leaves me in the hole and no loan.
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16 December 2015 | 7 replies
Leaving the basement is great(singles, shacking up and newlyweds are moving out on their own) so those investors that are looking to sell may want to prep for that.
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18 December 2015 | 15 replies
I've had ceiling fans in all my rentals - I've never got a call or had problems with them - except for own - which had a switch go bad and was easily fixed for a few dollars and about 10 minutes - In fact - I actually did receive a call about a fan once - a tenant of mine wanted permission to install his own fancy fan that he received from his sister - he said he would leave it in the apartment when he left - It was a really nice fan - so I went ahead and installed it for him and when he left, true to his word - he did not ask about the fan or indicate that he wanted to take it with him.
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17 December 2015 | 6 replies
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