Nadir M.
What to look for during my walk throughs?
15 January 2024 | 18 replies
If, however it truly gets out of hand to a point of creating a fire hazard or impeding the ability to make a reasonably hasty exit; or if they are completely blocking an exit or an electrical panel; or excessively stockpiling recyclables or flammable material; if food has been clearly left out for extended periods, with roaches crawling all over it or worse, and household rubbish is not being reasonably contained, I will give them ONE 30 day period to make dramatic improvement, a second violation would result in non-renewal or termination for cause.
Max M.
What's up guys? Mom's Basement Loser from Palatine, Illinois (TLDR alert)
6 May 2015 | 74 replies
I still play certain games (at age 43), occasionally to excess.
Carmen Ngai
Invest in real estate locally vs remotely
5 December 2019 | 4 replies
Also, people with sufficient funds will leave these areas and the area will go into further decline.Climate - Properties in areas with hard freezes and excessive moisture will tend to require more maintenance than in milder and dryer climates.
Arun Gupta
Legalzoom for creating rental property LLCs
5 May 2023 | 15 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
Roger Covin
Best mentors/groups to learn large Multifamily
6 February 2021 | 32 replies
Mix in some other items like the resulting price per door relative to comps, if there is excessive land that might allow you to pay more per unit of rent, etc and you can make a decision pretty quickly and easily without even seeing an owner provided P/L
Horacio Gutierrez
Commercial loan for multifamily
19 June 2021 | 13 replies
If so, typically the current lender will provide a payoff letter stating the amount owed to them.The closing/title company (or in some states an attorney) will escrow the funds from the new lender or sale, pay off the old lender and any other closing costs and then return excess funds.
Aaron Rouser
Rehab Over-budget - Suggestions? (Saint Paul, MN)
1 October 2021 | 4 replies
- A couple of options would beGet a Home Depot credit card and use a zero-interest deal to get the remaining materials and use excess cash flow to pay it off.Get a construction loan to finish the work, but this is extremely difficult to get once the project is underway.
James Park
Kicking out vagrants
17 January 2017 | 4 replies
If your local police are reasonably reactive, it could probably save you some potential excess damage/theft.
Matthew Swearingen
Best Way to Leverage A HELOC
19 December 2020 | 15 replies
Moreover, a mortgage uses amortized interest, and even 1% amortized over 30 years means we're paying the bank in excess of 50% interest on the first five years of a loan.
Brandon Foster
North County San Diego, New Laws Regarding Rentals
16 January 2024 | 3 replies
If there is damage in excess of the deposit, one of the few options the LL has to encourage the tenant to pay is to ring their credit.