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Results (10,000+)
Shashank R. Investing in Rental Income Properties out of state
10 July 2018 | 121 replies
most entrepreneur's have some huge idea like Sam Walton or Thomas Edison, or Alexander Grahm Bell. 
Paul Smythe How to handle high demand on a rental
3 March 2016 | 18 replies
When someone applies we tell them there are multiple applicants and we will get back to them within 24 ours with instructions on how to proceed.
Tatiana Duarte Aspiring buy and hold investor from NJ
23 May 2017 | 24 replies
As far as mindset, 10x by grant cardone. and I listen to gary Vee podcasts as well for social media marketing and mindset as an entrepreneur.
Yia Her 10 Unit deal - current performance vs future performance
31 May 2017 | 3 replies
So here are my future numbers:  Address Type Sq Ft Rent 4102 2 bed 1 bath 945 $800.00 4102 -A 2 bed 1 bath 945 $800.00 4102 -B 2 bed 1 bath 945 $800.00 4102 - C 2 bed 1 bath 945 $800.00 4106 A 3 bed 1 bath 945 $800.00 4106 B 3 bed 1 bath 945 $800.00 4110 3 bed 1 bath 945 $800.00 4110 A 3 bed 1 bath 945 $800.00 4110 B 3 bed 1 bath 945 $800.00 4110 C 3 bed 1 bath 945 $800.00 Total 9450 $8,000.00 Income Rental Income $96,000.00 Total Income $96,000.00 Expense Utilities $2,000.00 Water/Sewer $3,000.00 Taxes $4,000.00 Management Fee (8%) $7,680.00 Home Insurance (both) $4,000.00 Vacancy (7%) $6,720.00 mtg Total Expenses   $27,400.00 Net Operating Income $68,600.00 I am getting hard money loan with these terms: LOAN AMOUNT: 80% of the purchase price and 80% of construction costs COLLATERAL: 1st DOT on subject propertyTERMS OF LOAN: Type: Multiple advance loanLength of Term: 270 days (looking to extend this to 12 months)Rate: 10% per annum with interest paid monthly Loan Fee: 2% of loan amount paid at closing by BorrowerDoc Fee: NonePrepayment Penalty: NoneBorrower Down Payment: 20% of purchase price and 20% of construction costs (can be held at a security deposit in lieu of a downpayment, in which case the loan amount will be 100% of the purchase price & construction costs)APPRAISAL REQUIREMENT: Approved appraisal required to indicate the 'As-Is' Value of the subject property to be at least equal to the purchase price and 'As Complete' Value of at least 70% Loan-to-Value, paid for by BorrowerGENERAL REQUIREMENTS: Review and approval of Borrower's itemized construction budgetConstruction funds to be advanced in draws as requested by Borrower according to % completion, approved 3rd party inspection company will inspect property at time of each draw request, $150 fee per draw/inspection, detailed instructions attachedReview and approval of Purchase ContractReview and approval of Borrower’s brief description of experience, current credit report (Authorization Form attached), proof of funds, last 2 years tax returns, W-2’s and pay stubs and additional info as requested by LenderAcceptable drive-by inspection of property by LenderIndividual guarantee required if Borrower is a corporation, LLC, partnership, etc.Interest payments shall be paid to Lender through automatic payment service (auto debt)Title insurance and property insurance acceptable to Lender paid by BorrowerOther documentation and information may be required as determined necessary by LenderMy end goal here is to buy and hold with the BRRR strategy to get most of my capital investment funds out.  
Fred N. Buyer Cancels 23H before closing. Case to keep partial Deposit?
9 December 2017 | 22 replies
Here is what the Rider says that removes the timeline:After the deal was cancelled, their attorney requested the deposit to be returned, however I instructed my attorney not to return it.
Derek Carroll Screening Showings for serious renters
29 December 2017 | 9 replies
They are instructed to bring a paycheck stub and government issued photo ID to the showing.   
Jeffrey Walker Wholesaling Commercial Property
4 June 2021 | 24 replies
Find an active and hungry cash buyers that gives me very specific instructions as to what they want.2.
Rahul Bhatt Seller is trying to keep Escrow money even with inspection contig
7 November 2016 | 15 replies
Because an escrow officer may only act on instructions and documents agreed to by the parties to a transaction, if a dispute or disagreement occurs, the escrow officer must remain neutral and will not proceed until the parties have reached a mutual agreement.
Kent Harris Evictions in Harris County Texas
19 December 2016 | 15 replies
See Section 24.0053, Texas Property Code.The writ of possession shall order the officer executing the writ to:1. post a written warning of at least 8-1/2 by 11 inches on the exterior of the front door of the rental unit notifying the tenant that the writ has been issued and that the writ will be executed on or after a specific date and time stated in the warning not sooner than 24 hours after the warning is posted; and2. when the writ of possession is executed:(A) deliver possession of the premises to the landlord;(B) instruct the tenant and all persons claiming under the tenant to leave the premises immediately, and, if the persons fail to comply, physically remove them;(C) instruct the tenant to remove or to allow the landlord, the landlord's representatives, or other persons acting under the officer's supervision to remove all personal property from the rental unit other than personal property claimed to be owned by the landlord; and(D) place, or have an authorized person place, the removed personal property outside the rental unit at a nearby location, but not blocking a public sidewalk, passageway, or street and not while it is raining, sleeting, or snowing.The writ of possession authorizes the officer, at the officer's discretion, to engage the services of a bonded or insured warehouseman to remove and store, subject to applicable law, part or all of the property at no cost to the landlord or the officer executing the writ.The officer may not require the landlord to store the property.The writ of possession must contain notice to the officer that under Section 7.003, Civil Practice and Remedies Code, the officer is not liable for damages resulting from the execution of the writ if the officer executes the writ in good faith and with reasonable diligence.A sheriff or constable may use reasonable force in executing a writ under this section.See Section 24.0061, Texas Property Code.A writ of possession cannot be issued more than 60 days after a judgment for possession is signed, and a writ of possession cannot be executed after the 90th day after a judgment for possession is signed.
Account Closed I'd like to become a private lender- Los Angeles mentors welcome!
30 September 2016 | 32 replies
As I'm sure you know, there is a huge problem in the business with fraud and also with fake escrow companies and fake wire instructions.