Logan Jones
Is taking this legal from a deposit?
I'm a landlord in Florida and my tenants recently moved out. I was charging them 1000 a month which comes out to about 33 dollars a day. The cats urinated all over the master closet laminate floors which are brand new...
Daniel Stegelman
Federal Tax Lien Foreclosure Auction
This seems to be one of the more confusing topics I've come across. I have bought some REO properties in the past (I'm 2 years in the RE game). I've made some decent money from REOs but I'm considering buying properti...
Christian Malesic
How to Compute Vacancy Rates
What is the general concensus? Is there an official formula (if so - state source)
I look at each apartment (or individually rented unit) and determine how many days of the year were paid (meaning, I do not care if ...
Evan L.
Tenant overstayed lease
This is a different tenant from the one in my other post. I'm trying to determine how many days to charge a tenant for over staying her lease. When lease ended( with a thirty day notice) she stayed longer moving thing...
John Knisely
New Construction Hands on Build Experience with Habitat
For anyone interested in gaining hands-on construction experience, we have a few spots left in our team Habitat for Humanity build day. Must be able-bodied and capable of working 8-9 hours on a construction site, othe...
Meagan Travis
Hud Bid Counter
Hi All,I placed a bid on a HUD home yesterday that has been listed for 32 days (list price has not been reduced yet) at 82% of the listing price. HUD countered my offer today at exactly 88% of the list price (textboo...
Alanya Boyer
Craigslist Marketing
This topic may have been beaten to death but I've heard differing opinions on it. How successful has Craigslist marketing been for you all? I will occasionally post an ad to join my buyer's list or that I buy houses a...
Michael Delpier
Exchange to cash neutral or pay the cap gains?
If the market is so hot that I can't find a deal that nets cash flow, would you buy a cash neutral property, or just pay the capital gains tax and depreciation recapture??I thought the answer would be easy, but once y...
Rob Willis
Lender Requirements and Restrictions when selling a Flip
BP - I working on my first flip and looks to be profitable, but I was discussing with my Lender, and he mentioned there were restrictions with the buyer's lender when selling if the price will be more than 20% more th...
Jared Corbin
Help me with Investment Decision!!
I am a new member, Ill start with that :). I currently have a property in AK that after expenses are paid provides $250 in positive cash flow. The property's market value is roughly 305K and I only owe 228K. After cl...