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Hello everyone. It seems like beauty is in the eye of the beholder in the case of a refundable deposit and when it goes hard......I was in the mindset of 1% of purchase price is usually sufficient. I am speaking of co...
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Can anyone from Michigan point me in the direction of a Purchase and Sales agreement that is standardized to the laws and states of the State of Michigan? I have my first deal in sight and want to make sure I am legal...
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Would you guys rent a house out with a pool? I am asking for trouble?Thanks,
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Hello All!I'm in the process of running the numbers on a few (2,3, and 4plex) deals. One of them is a 3 unit but it isn't a triplex, so there are no separate, walled off sections like the typical MFR. Two units down...
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HiI am in the process of purchasing a fourplex and want to find out the best way to ensure that the contractors who worked on it have been paid and all permits are closed out. Seller is fixing property and I am buying...
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Seariously thinking about buying my first duplex. It's two apartments upstairs and four separate garages on the first floor.If I rent out the garages for storage what type of insurance is available for me? Or is insur...
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Quick question for experiences multi family operators. I have a 2 1/2 (one guy is part time) maintenance men and about 270 units total. I was listening to Ken McElroy and he made the statement that it is a mistake to ...
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Seller letters to people behind on taxes. When they ask how I got their information, what do I tell them? Do I tell them that I know they are late on taxes?
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So i finally got my 1st rental property , i used a small bank to fund the deal after my mega bank refused to fund it ( too small for them) ,,i did not read or heard this before till about to close on the deal . since ...
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what is a good formula if any to go by when presenting to seller with profit margin included?