Ben M.
Tenant pay renewal fee
30 September 2021 | 18 replies
If the tenant chooses not to renew, it just means they get a larger fee for releasing.
Hal Cranmer
My Listing is Declined by Zillow
25 February 2020 | 11 replies
The listing agent had the listing still active (and the agent had just switched firms) so I had to get in touch with the selling agent's former firm and get them to release the listing in Zillow.
Trent Rogers
Current Private Money Terms?
16 January 2023 | 12 replies
A couple of thought starters: - If a hard money loan, an example might be in the ballpark of 1-3 "points" on origination, 55-75% loan to ARV, with staged release of funds (some released on closing, additional funds released as the project demands the release of funds) plus 8-12% interest, paid monthly, with a balloon due upon refinance/exit (not to exceed 12 months). - If a private mortgage, an example might be in the ballpark of a 25-year amortization schedule, 5-10 year balloon, (contingent on the property appraising for at least the current/purchase price), 6-9% interest, plus perhaps some "points" on origination.
Thomas Butler
New Jersey Cash Flow Oppertunities
15 March 2016 | 4 replies
FWIW, I manage property specifically in NB. 7% flat fee, no re-leasing fee, no extra fees.
Alexandra Isenhour
How to proceed with abandoned cars on property
15 January 2023 | 15 replies
I hope you correct your future lease to say "no more than one car on the property, and must be up to date and licensed".I'd say there's a good chance someone walking by will release the handbrake and roll them into the street.
Nathan Harden
Owner Finance? Blanket Loan? DSCR?
16 January 2023 | 15 replies
Hard to get released if you want to sell one down the line.
Natalie Klesaris
How to Word a lease (referring to snow removal)
14 January 2023 | 2 replies
You and your guests/invitees agree to release and hold Owner and his Agent(s) harmless for any damages or accidents caused by and/or related to inclement weather conditions.
Caroline Davis
Consumer confidence in housing finally rises, thanks to falling home prices
16 January 2023 | 0 replies
“As we enter 2023, we expect affordability to remain the top challenge for potential homebuyers, as even small declines in rates and home prices — from the perspective of the buyer — may not produce sufficient purchasing power,” said Doug Duncan, Fannie Mae’s senior vice president and chief economist, in a release.
Sean Dezoysa
Risks of Doing a Remote Closing?
8 March 2013 | 4 replies
They don't release any money or do anything without the agreement of all parties.
Kiran Alisam
Turn Key Investments
2 June 2016 | 48 replies
And if you lived there and managed these yourself and stayed right on top of it and did your own handyman work you might get close.but if your a passive out of area investor then PURE logic dictates that you know you have to hire a PM and you know they charge 10% of rent collected and they charge a placement fee and mark up on maintenance and release fee and keep most if not al lfo the late charge.. or you soon will learn it.You will also learn very quickly that NO rental home that is older will over a 3 to 5 year run only cost 500 to maintain that is slum lord style.And if you do not have next to or brand new major componants IE roof windows HVAC wiring plumbing that somewhere in the next 5 to 7 years you will have a major year costing you 10k or more.