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Hi folks, looking into either contractor license or architecture license to support further real estate development. Which one has more quantifiable value in general? Thanks for sharing your knowledge!
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Today I was thinking about my direct mail results for the past 9 months:14,000 pieces mailed = 1 dealI've been mailing to absentee owners. They seem to fall into one of several categories.(1) Snowbirds (because I'm in...
In reviewing some of the BP postings, I am noticing a pattern for potential fines and penalties directed toward rental properties in Cuyahoga County (Cleveland). Specifically, one BP member noted a citation for a tra...
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Okay, here are the current numbers
PI plus PMI = 400/month. Interest is 6.75% PMI is about $27/month. I believe its an effective apr of about 7.5%.
30 year PITI = 575
Mortgage balance = 56,000
assume appraisal shou...
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Rental One- 3/2 1500Sft- Rented for $1500.00 We have a mortgage - After repairs, Capex, vacancy, and PITI- cash flow = $575.00
Rental Two- 3/1.5 1300Sft- Rented for $1500.00 Owned free and clear- After repair, Cap...
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What's going on BP, today I closed on my first deal! Well actually my second, because my first was my owner occupied triplex which has been great. I started back in April sending out yellow letters to inheritance...
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I have been in contract with my first deal (buy and hold) since 5/20/14 with a closing date by 7/12/14. The seller, who is a broker (but not the selling agency), signed the property disclosure with no issues brought f...
Hi Everyone, I recently got access to a website with probate records. However, the list does not provide LTV ratio, when the house was purchased or any information that could help me decide which people to target. So ...
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Many books and people on this forum talk about direct mail campaigns to potential sellers. Currently, I've been driving throughout the town and city looking for apartment buildings seemingly in some disarray, jot dow...
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I own a condo in a 10 unit building and have a tenant there. The tenant has her aloted parking spot #5 with the condo. Most of the days, the tenant can not park in her spot because the person with adjacent parking s...