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Results (10,000+)
Dylan Tettemer Kitchen Cabinets
20 May 2024 | 18 replies
The newer cabinet doors might be harder to find but it looks like it would be easy to make doors to match the older flat panel doors.Also, try looking at Restore the Habitat for Humanity thrift store or other used building supply places.
Chad Jarrah How do others organize their flip properties info?
25 October 2016 | 3 replies
I prefer to keep as much of it electronically as possible.Yes, there are some receipts that I do not bother scanning, but for the most part it is paid via check or credit card which feeds into Quickbooks.All HUD-1s, agreements etc are stored electronically.Files are backed up in the cloud and on an external drive.
Joseph Duenas How Much Debt is Too Much Debt?
22 April 2018 | 16 replies
In finance and accounting we look at a "Quick Ratio" (also known as the Acid Test) this shows the ability of a company to meet obligations, but this only looks at current assets or liquid assets and current liabilities, real estate is not a liquid asset.So we move to other ratios like "Current Ratio" and "Cash Ratio" these to help to illustrate the ability of a company to cover current debts.As to mortgages or long term debt, coverage is difficult to predict due to uncertainty over longer periods, but by looking at the current coverage and cash available we can see what funds remain for these other obligations.Most everyone is familiar with the debt to income ratio we suffer through at a loan application, say 24/36, meaning that you should not pay more than 24% of your income to current liabilities, revolving accounts and car loans, the 36% includes the 24% to establish your ability to cover the mortgage, total debts should not exceed 36% in this instance.
Jewel B. Self Employed Lending Options
6 December 2022 | 15 replies
.- FHA 1-4 unit owner occupied, needs 2 years tax returns and 2 years in the business so you'll probably need till 2 years of returns are available or above with conventional loan programs - DSCR loans wont care about your SE or self employed income since its qualifying purely based off market rents, your reserves in cash/stock/savings, and fico scores- HML or hard money lenders - are ABL or asset based lenders so they dont care about your credit or income just liquidity/reserves/cash/savings/stock + the property in question- fix/flip lenders (HML above with more items) usually care only about min fico scores, the ARV value, the as-is value generally these need a BPO (broker price opinion) or appraisal in order to finance.
John Golden Flipping tiny homes
22 March 2019 | 7 replies
Also cities have not been friendly with tiny house laws because they can't make money so subjecting them to RV laws where they can't be stored where visible fromroad.
Samed Arif Finding reliable handymen/maintenance workers
25 September 2020 | 8 replies
@Samed ArifI have found many handymen at local hardware stores.  150 units is a lot of units, it would seem you could keep that person busy with all sorts of different tasks.  
Joseph Konney Do I need a common electric meter for Multifamily Chicago Homes?
19 November 2020 | 8 replies
But if you have an RV or equipment trailer you are storing on anything but a cement pad or blacktop you get a written warning.
Roochita P. What do you do with warranties, installation materials, etc.?
13 December 2019 | 6 replies
How do you store all the installation materials that come with everything you buy for your properties?
Adnan Dizdarevic Appliances and fixtures
14 February 2020 | 9 replies
Last time I needed an appliance, I got it from a smaller, local store
Geoffrey Klein Painters, Siders or Roofer rec in Chicago
13 May 2019 | 8 replies
@Geoffrey KleinJust a suggestion, go to your local Benjamin Moore store and ask for a recommended painter that works in the area, they usually can provide you with some helpful insight