Casey S.
list of deposit deductions?
Does anyone have a rough list of deposit deductions that are typical to withhold? Not needing large item repairs but things like basic cleaning, burned out light bulbs, dirty air filters, replacing stove burner trays,...
Mitch Howard
What do you all do about saving for repairs/non payments etc?
Hello all - first time poster here. I'm just wondering how you all structure your financing in a way that gives you a cushion if something goes wrong and requires fixing, or a tenant does not pay.I read somewhere that...
Brenden M.
Appraiser for FHA loan walked due to no shutoff valves in triplex
I am currently working on purchasing a triplex with an FHA loan. Last week, the appraiser was scheduled to perform the appraisal, but, according to the listing agent, the appraiser immediately walked off-site after di...
Ari Hadar
How do i analyse a deal without showingg
A duplex in Cleveland asking 65k, rent for 500 each, fent nonth by month, fixer, allowing to see the units only after offer accepted.How can i offer if i don't know the rehab estimate and the ARV? Maybe i can figure o...
Kevin Dunmire
Help figuring rehab costs!!!
So I got my first deal that I'm working through but I'm struggling with the rehab figures. It's a 2000 sq ft house and needs a full rehab. Kitchen, bath, flooring....everything. A guide I'm following says $35 per sq f...
Terry N.
Security deposits and early lease termination
Can a landlord request that the security deposit be forfeited if the renter requests to get out of the lease a month early? I want to work with them but don't think I have anything in the lease that states that they ...
Damien G.
South Carolina Contractor Quote / Estimate
My tenant sent my PM a list of repairs that are needed. I asked what the most important items to the tenant are in order to keep them happy. Below are those items:1) Stove eyes2) Chimney top3) Bathroom knobs & toi...
Matt Smith
Tax Deeds Auction: Title Issue?
I bought a land at a County Tax Deed Auction 1 year ago. I am about to sell it…but I need to have Title Insurance. I got the Title Prelim document and there are several items listed such as the tax liens from the unpa...
George Red
Deal Structure Question (% Split between partners)
I've bought 2 duplexes with a friend and formed LLC's with operating agreements etc.. We both put 50% of the downpayment and own the properties 50/50. For these duplexes I found the deal, the real estate agent, the fi...
Ben M.
Closing costs in a wholesale transaction
What all are common items included in closing costs on a wholesale transaction? Which items are usually the seller's closing costs and which items are the buyers even though in most cases the buyer pays both closing c...