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Newbie in Lancaster PA. Finally introducing myself after stalking the forums and binge listening to the Podcasts the past few weeks. No interest in leaving my current career but working on subsidizing our retirement...
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Hey BP Community!So here is the scenario:Our tenant informed us on Monday night that their oven wasn't working properly. My husband immediately went to the unit to check it out. He agreed with the tenant that the oven...
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Right now I am typically looking for the 1.5% rule. My average property is a SFR that might cost $150k and rent for $2250 or so. I am finding properties that meet this rule, but they are pretty much all manufac...
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I submitted an offer on a foreclosure at 1K above asking price. The property looked like it required virtually no work.After my offer was accepted I found out it required substantial work. It has an illegal addition w...
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I was just wondering if I can use my military discount at Lowes for business expenses?
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Anyone out there with experience of taking a property subject to after purchasing a junior note at a discount?
For example:
ARV : $400k
1st TD: $250k*
2nd TD: $150k
1st TD is in foreclosure.
Contact the bank ...
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I had an applicant for one of my vacant properties ask me what sort of discount I could offer if he paid a full years worth of rent in advance.
I told him I had never been asked that before so I wasn't sure.
The ren...
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Title says it all. How do you find a reasonable discount rate when doing a DCF analysis. Let's take an example where a value-add project is financed: 60% long-term debt. 4.00% 25-year amo. 5-year term.10% by a junior ...
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Was thinking of offering an apartment to handyman type and offer him discount in exchange for being an on-site super for handling any "handyman" type of jobs (i.e. painting, install carpet). What sort of % discount...
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I have a tenant that gets a $200 discount on his $500 rent for taking care of the lawn and snow. I'm not sure if I should 1099 him for the work ($2400) and still count the whole rent ($6000) amount as rent, or if I sh...