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4 April 2018 | 2 replies
The assignee may request the tenants be evicted prior to close of escrow, which in California might take a couple months or more if the tenants are still paying on time.
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6 April 2018 | 5 replies
The only difference you could see would be delivery time by a couple days, first class mail by a company mailing from the same city its being delivered to will take 1-2 days whereas that same mail coming from out of state will take 2-5 days.
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3 April 2018 | 1 reply
We have an automated system using some coding applications (self made) to generate leads from various sites, coupled with help from some VA's.Once the data / lead list is created on a spreadsheet/google sheets, we pull into Freshsales as our CRM.
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21 April 2018 | 3 replies
HelloI may be closing on a 1400 square foot home and the owner needs to rent back for a couple of months.
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4 April 2018 | 10 replies
I just refinanced two at the same time two months ago and am closing on another in a couple of weeks, so I had no opportunity to stagger, so 7 years out, they'll balloon at the same time.
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4 April 2018 | 3 replies
Owner occupancy is not yet to 50%, we are shy a couple of units.
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17 April 2018 | 5 replies
I rehabbed a few units in the complex I own in Shaw, and it was pretty tough sledding with a couple guys I used.
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19 April 2018 | 33 replies
You're looking at a formal eviction process if you want them out, which will also go into your vacation time.As I see it, you've got a couple of choices.1.
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4 April 2018 | 2 replies
Student Rental (4BR/1Ba) - $90,000 List PriceOffer: $80,000 purchase price, 3% seller paid closing costs, 20% conventional financingCash Outlay: $20,000 ($16,000 down payment, $4,000 rehab)Rent: $1,240/mth Mortgage Payment (P&I): $344/mth ($64,000 @ 5% interest, 30 year am)Taxes: $133/mthInsurance: $150/mth Vacancy: $112/mth (9% - playing this conservatively)Maintenance: $75/mthCapEx: $125/mthManagement: $149/mth (~12% rents collected, conservatively assuming full occupancy)Utilities: N/A (covered by tenants)I like this deal for a couple of reasons.
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13 April 2018 | 5 replies
I've been on BP for a couple months now.