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24 July 2018 | 1 reply
Does anyone recommend a good company or person that installs gates?
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25 July 2018 | 9 replies
Then the next big question is how will you finance the deal, just given the NOI and revenue/expense ratio the deal should cash flow, but looking at actual debt service will make the picture a little more clear.Other numbers I don't see that may be baked in are vacancy, reserves, management fee (even if you plan to self manage).That all being said, it could be a great deal but need to know more.
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7 July 2020 | 5 replies
My question: how many of you install WiFi/ security system and or cameras for your flips?
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24 July 2018 | 15 replies
There are a few variables to address, but use your best judgement and make sure you have a real estate attorney do all of the paperwork for the sub 2 close and installing the lease option buyer.
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28 July 2018 | 12 replies
When you assign your lease option for a fee it is essentially the same thing as selling the contract.
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1 August 2018 | 4 replies
Then there are annual dues and fees to keep your license active.
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23 July 2018 | 3 replies
Based on current rents, average unit price appreciation, condos fees and property taxes - it would be a negative cash flow for the first 7-8 years, excluding planning for any repairs or vacancies.
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28 May 2019 | 2 replies
I was wondering how should I go about checking the transfer fee for the title company to help me make the change from my personal name to the LLC.2. are there any stamp tax involved, or capital gain tax involved (unsure if the state recognise that as a "sale").3.
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23 July 2018 | 7 replies
I would have them both apply, pay the application fee and see if the second person is really better or not.You could tell applicant number 1 that they are in the qualification stage but that property is still being advertised until you sign a lease.
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24 July 2018 | 1 reply
If I were you, id high ball everything , sounds like major damage to this house maybe shoot for 60k rehab, high points on the hard money..... even if you buy cash at 30k +60k + hard money fees + closing costs ... you might be able to squeeze a 10 percent return out ..... if you have good contacts id say maybe It could work ... if you have only done this a couple times , maybe pass on this for something with a quicker turnaround time