
1 September 2018 | 3 replies
Previous landlord can't release details about someone for which I don't have a signed authorization.

9 September 2018 | 7 replies
Build two townhomes and sell individually.Again, we just came across the deal this week and will be collecting some numbers next week to begin doing a more detailed analysis, I'm just curious where you would lean....

11 September 2018 | 10 replies
A good PM will make sure that the tenants sign a walk through sheet when the tenant moves in, and if they have caused damage (other than wear and tear) they are going to fix it.

4 September 2018 | 3 replies
Hey Kara,First off, thank you for the detailed response!

31 August 2018 | 2 replies
Should I just let them come to walk through and get keys then or force them to return the keys before and let them walk through?

2 September 2018 | 6 replies
It needs to be discussed in detail with you professional.

2 September 2018 | 5 replies
I would also love to have a quick talk if you can, to get a bit more details about particular subjects :)@Wes S.

2 September 2018 | 7 replies
(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.
1 September 2018 | 3 replies
There were four areas of concern that I noted during the walkthrough:1) A $600 kitchen ceiling fan -- the centerpiece of the kitchen decor -- had been replaced by a cheesy $40 bathroom fixture.

3 September 2018 | 11 replies
I’d definitely be interested in a more detailed ‘road-map’ of rapidly scaling buying on seller finances contracts.