Michael Palmer
Reasonable Construction Loan Terms
I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms. $346,000 loan amount. 75% ARV. 3pts to the lender. $3K to escrow/title. $84K cash to clo...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Scott F.
Lease signing – additional charges
What additional charges do you have for your tenants? We have about 15 separate documents that have to be read and signed for each new Client at lease signing day. One that always pays off is the:"ADMINISTRATIVE CHARG...
Mohammad Murad
Broker compensation for Lincoln, Nebraska
My Realtor mentioned there is a Broker compensation ($695). Is that reasonable?
Stan Hrincevich
Triplicate Billings Allowed with HOA Transfer Fees
Not that one needs another reason to dislike Homeowner’s Associations (HOAs), but try this one: paying for the same services three times. The abusive and illegal practice of charging HOA Transfer Fees on the sale of ...
Nick Faselt
Charging admin time for court hearings?
Hello everyone,
As a property manager, we file/post 3-day notices that sometime lead to a court hearing on behalf of my clients. We currently attend court as part of our fee, but it does take a lot of our administra...
Christopher Salerno
Rolling into Self Directed IRA to lend to flipper/builder
Hi, all. I'm a new investor and want to begin lending hard money. I'm really considering rolling over my IRA into a Self Directed IRA in order to work with a trusted partner who wants to build and flip homes in the ar...
Rick Bassett
Success retraining an Overly Needy Tenant?
I've got an overly needy tenant who emails or texts with something new for me to do every few days. She's in a beautifully totally rehabbed house and there aren't any real issues with it, she is just over the top OCD....
N/A N/A
What are VA Foreclosures? - Article
Hey all - found some good info I thought you'd find useful.:
From the USHUD.com Knowledge Center
[size=18]What Are VA Foreclosures?[/size]
Benefits of buying a VA foreclosure
1. No money down possibilities.
2...
Aref Shehadeh
What should a property manager be responsible for based on the % of rent collected fee?
I have a 4unit and have agreed on paying my property manager 8% of rents collected. My understanding with this is they are generally responsible for rent collection, tenant management, repairs & maintenance (small...