Josh O'Hearn
Can you explain discount points?
20 June 2018 | 3 replies
For example, it you are borrowing $100k then 1.25 points will be 1.25% of that or $1,250 that will be added to your closing costs.
Account Closed
Do you allow haggling on your rent?
20 June 2018 | 18 replies
So at that point I could probably argue we were still under “market” a bit at the new price, but seeing as I’m already over the 2 percent rule by a lot at the current rent an extra 50 bucks doesn’t do much for me
Sada Rafi
Keys not returned and cleaning not done
28 June 2018 | 18 replies
It's my understanding that you cannot charge them for normal carpet cleaning, only the excessive damage, like stain removal, so you'd pay the regular cleaning fee, then charge them the itemized extra for the damage/stains.
Nick D.
5 Lies Brokers Tell You
20 June 2018 | 0 replies
Then, they have people new to the business dial for dollars from a purchased list of investors that anyone can buy from LexisNexis.They might stick an ad on LoopNet, if the broker has room left on their credit card this month.
Darlene S.
Selling Property with remaining mortgage that is in an LLC.
20 June 2018 | 4 replies
But the disregarded and actual reporting of the property plus the added rationale of lender requirement makes a strong argument.But yes an unseasoned or asset stripped LLC that is also disregarded is considered a lending risk and it will be tough to find a conventional lender who will lend to it.
Bryan Oliver
Newbie from Hammond, Louisiana
29 June 2018 | 11 replies
I recently did the same and have been enjoying the added capabilities of PRO.I'm also a new investor on the Northshore looking for buy and hold properties between Slidell and Hammond.
Jonathan Pflueger
Up Votes - Etiquette and do They Really Matter?
25 June 2018 | 40 replies
Nothing worse than adding real value, especially to the OP and being ignored like Tim, Chris and Jay mention.
Chad P.
Adding Multi-Family Apartments to the portfolio
21 June 2018 | 9 replies
And my units have a lot of deferred maintenanceAt the end of next year the seller financing will be done, and an extra $4000/month will ease the pain.I think I will survive it, but in hindsight, life was great without them, ok with them but make sure you can let someone else manage them.
Jim Halpert
Sell for a gain, or rent for passive income ?
21 June 2018 | 10 replies
If I were to move out I would have an extra 550$ a month coming in over my mortgage.
Eric Hassfurther
What are your minumum return thresholds in DFW SFH rental?
10 July 2018 | 9 replies
Something you may want to try is contacting some local wholesalers buy calling the number on bandit signs or "As-Is / Cash Only" postings on Craigslist and explain what you are looking for and ask to be added to their buyer's list.