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A seller finance note:
Property buying price: 315k;
Down:100k;
Financed amount:215k;
Term:15 yrs;
Terms remaining 14 yrs and 5 months; (174 payments)
Interest Rate:5.75%
Monthly payment: $1748
Note asking price 200k
...
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Have a small multifamily in North county St Louis which is "managed" by a property management firm. Received a letter from city today summoning me to present to court online given
- change of occupancy has occurred w...
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I just lost another eviction to my tenant. Every time in court , he would always something which he did not answer in the answer to the summon. The first trial, it was my fault that I did not have an attorney. I t...
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I'm looking to replace the flooring in an entire unit and debating between these two products. Although both Allure and Stainmaster have been around for a while, their waterproof lines are relatively new, so I haven't...
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Hey Guys,So I am going to be starting my first even direct mail. I decided to take some big steps so I created my own yellow letter (was not easy) in order to save some cashola at least until the first deal hits my de...
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Hello BP! I just passed the board exam to become a licensed Real Estate agent in Florida. Specifically in South Florida. My plan is to find a good 100% commission brokerage to hang my license with. The reason I was lo...
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When I decided about a month ago that real estate is the answer for what I've been looking for, I started to tell people about my new direction. However when I would tell anyone this I would always get the "yeah good ...
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After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
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Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?Ex: $500/mo rent x 74%$370 x 60 = $22,...
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Until recently I have lost motivation on my 1st rehab project. But, today realized my unfair advantage.I think this could be a fun thread for everyone to share their unfair advantage(s)For me it's the following:My age...