Vladimir Saldana
Verbal Agreement with Tenant
Lets say you have a tenant which you allowed them to use the basement for storage and also gave them permission to use the washer and dryer in the basement. These privileges were never written in the lease, could you ...
Justin Conatser
Private money. How to determine how much to ask for?
Have a deal at purchase price of 45k and estimate of rehab is 30-40k (ARV is 125-130k). Should I ask for the 75-85k and if I’m under budget just have the excess? Any suggestions would be helpful, or any private money ...
Isca Harmatz
turnover costs Cleveland
hello,im trying to analyze a deal in garfield hts.does any one has a general idea about how much does a basic turnover - paint + cleaning for a 2bd/1/bath apartment cost in that area?thanks
Philip Hernandez
Underwriting multifamily properties am I being too conservative?
Hi all, I'm in the middle of negotiations/underwriting for a 12 unit multifamily property in Ohio. Property is currently bringing in $8400 a month. We are looking at value add that would bring the property up to $10...
Michael Ernst
Top / Bottom duplex rental agreement suggestions / advice?
Anyone have any experience with renting out a top/bottom duplex to 2 different tenants?I'm looking for some help with the following questions to put into an agreement:How to deal with excess noise from either tenant w...
Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...
Anthonie B.
Best way to structure a partnership
I need advice. How do I best structure a partnership deal with a family member? I am getting $50k from a family member to buy an investment property. I will find the property, get a conventional bank loan, find a tena...
Todd Michaels
$10k closing costs on $315k duplex - seem about right? Title Services?
Hello,My fiancee and I received a GFE of ~$10k, just want to make sure these numbers seem ok to experienced folks here on BP. Owner-occupied duplex. Purchase price $317k. 20% down. 4.125% interest rate. Loan amou...
Reginald S.
'Easement rights' provision how to question?
Hello all! I have a property that I am getting ready to put under contract (via a wholesale deal). However I am not sure how to put in place the correct easement provision to protect my end-buyer once purchased. The h...
Jacob Hornak
Insurance to purchase condemned property
Hey, looking for an insurance agent or company that insures condemned properties. House is in fixable condition and in no need a tear down. Pennsylvania located. Closing in a week. Thanks